Trump administration plans Powell’s replacement amid tariff-induced economic challenges, aiming for a Fed Chair aligned with economic goals.

Jerome Powell, Tom Barkin, Jeff Schmid, and Lorie Logan have said they’ll wait for data before axing the interest rate—not ...

The post Fed Chair Jerome Powell Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact ...

Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday.

His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade ...

Treasury Secretary Scott Bessent on Monday said the White House will start interviewing candidates this fall to succeed ...

Federal Reserve Chair Jerome Powell said Trump tariffs are likely to raise inflation and slow economic growth.

Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a highly uncertain ...

Powell’s statements indicate the Fed won’t make interest rate moves for the time being, dashing the hopes of investors and ...

Federal Reserve Chairman Jerome Powell expressed uncertainty on Friday about the effects President Donald Trump’s reciprocal ...

Chair of the Federal Reserve Jerome Powell warned that Americans could soon see an uptick in inflation and unemployment following President Donald Trump’s “Liberation Day” tariffs ...