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‘Weaker growth, more job losses,’ Jerome Powell warns Trump’s tariffs inflict lasting economic damage, stocks tumble
US President Trump's tariff policy changes are unprecedented, affecting Federal Reserve actions, according to Chair Jerome ...
Hosted on MSN14d
Tariffs likely to cause higher inflation, slower growth, Powell warns
The Fed might have to choose which threat — inflation or job losses — is more pressing, economists say. Powell has stressed it’s not his job to comment on specific White House policies but ...
Trump tariffs will drive up inflation, Federal Reserve Chair Jerome Powell tells Economic Club of Chicago
The economy will likely stumble as it adjusts to new trade policies announced by the Trump administration, Federal Reserve ...
Markets drop as Powell warns of stagflation
Markets took a dive Wednesday after Federal Reserve Chair Jerome Powell painted a stagflationary picture of risks facing the ...
HousingWire29d
Tariff uncertainty is making the Fed’s job harder
Powell said these forecasts are rooted ... While tariffs and rising inflation could fuel job losses and a recession, a downturn might not spell doom for home sales. Odeta Kushi, deputy chief ...
U.S. News & World Report2d
Powell Warns of ‘More Persistent’ Inflation From Tariffs
Federal Reserve Chairman Jerome Powell warned that President Donald Trump’s sweeping import tariffs could lead to inflation that ... Average worsened its losses as Powell continued speaking ...
Mercury News14d
Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
The Fed is required by law to seek maximum employment and price stability, which it defines as yearly inflation of 2%. Powell acknowledged that the tariffs, which could cause job losses and ...