Most economists, and the Federal Reserve, now expect inflation to tick higher this year as a result of the tariffs. Fed Chair Jerome Powell last week said elevated inflation from the tariffs could ...

It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher inflation stemming from President Trump's tariffs will be "transitory" — reviving memories of ...

Powell said Americans’ discontentment is not in response to current increasing inflation or rising unemployment, both of which have not changed more than one percent over the last several months.

“As I’ve mentioned, it can be the case that it’s appropriate sometimes to look through inflation if it’s going to go away quickly without action by us, if it’s transitory,” Mr Powell said.

Investing.com -- Federal Reserve Jerome Powell offered too much "false hope" too early after serving up a "dangerous" view of transitory inflation and dismissing recent survey data underscoring a ...

Inflation traders have been in agreement with Federal Reserve Chairman Jerome Powell's take on the likely transitory nature of how tariffs will impact future price gains. Market-based expectations ...

Fresh off the Federal Reserve’s new economic projections showing officials expect higher inflation and slower growth this year, Chair Jerome Powell said Wednesday it’s his “base case” that ...

Powell attributed some of this uncertainty to Trump's tariff policies, suggesting they could lead to higher inflation, at least temporarily. Still, the Fed anticipates two quarter-percentage-point ...

It remains a loaded term, especially for critics of the Fed’s handling of pandemic-era inflation. Some worry that Powell may be mistakenly playing down the risks of Trump’s trade war ...

The bank said it will slow the pace of balance sheet run off from April. More importantly, Chairman Jerome Powell downplayed fears about the inflationary impact of Trump's tariffs, calling it ...

Unsurprisingly, he pointed to Donald Trump’s polices as one reason why inflation is reigniting. The central bank sharply reduced its 2025 growth projection and Powell noted that uncertainty ...

The president’s tariffs are specifically to blame for projected increases in inflation and unemployment, says Federal Reserve Chairman Jerome Powell. Breaking News Reporter Federal Reserve ...