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Federal Reserve Chair Jerome Powell on Wednesday cautioned that the central bank could face a "challenging scenario" of managing both accelerating inflation and a slowing economy brought on by the ...
On Wednesday, Powell addressed the Economic Club of Chicago and said Trump’s tariffs are “highly likely to generate at least a temporary rise in inflation.” Trump pushed back against Powell ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...
Take a listen. 00:49 Jerome Powell Inflation is likely to go up as tariffs find their way and some part of those tariffs come to the um, come to be paid by the, by the, by the public. So that's ...
The effects of the White House’s tariff policy on inflation could be less transitory and more “persistent,” said Powell on Wednesday. “Tariffs are highly likely to generate at least a ...
The tariffs Trump issued on April 2 “are highly likely to generate at least a temporary rise in inflation,” Powell added. “The inflationary effects could also be more persistent. Avoiding ...
saying his "termination cannot come fast enough" after Powell warned that "tariffs likely to generate inflation." "The ECB is expected to cut interest rates for the 7th time, and yet, ...
Federal Reserve Chair Jerome Powell again stressed the central bank must ensure tariffs don’t trigger a more persistent rise in inflation. “Our obligation is to keep longer-term inflation ...
Federal Reserve Chair Jerome Powell expects President Donald Trump's tariff campaign to push inflation, the central banker said in a Wednesday speech. Powell emphasized the inflation risks and ...
a day after Powell warned about the impact of Trump's tariffs. "Unemployment is likely to go up as the economy slows, in all likelihood, and inflation is likely to go up as tariffs find their way ...
a day after Powell warned about the impact of Trump's tariffs. "Unemployment is likely to go up as the economy slows, in all likelihood, and inflation is likely to go up as tariffs find their way ...