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Fed Chair Lays Out Game Plan in Case of High Inflation and Slower Growth
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
CBS News4d
Fed's Powell says tariffs could lead to inflation, economic slowdown
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 ...
NBC 10 Philadelphia4d
Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth
Federal Reserve Chair Jerome Powell expressed concern in a speech Wednesday that the central bank could find itself in a dilemma between controlling inflation and supporting economic growth.
Stocks close out choppy day after Trump calls for ousting Fed Chair Powell
US stocks were mixed Thursday as President Donald Trump touted trade deal progress with Europe and China and investors ...
Pensions&Investments4d
Powell says tariffs will raise inflation, slow growth
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 ...
Dow closes nearly 700 points lower after Powell comments
Federal Reserve Chairman Jerome Powell warned about how President Trump's tariffs could cause inflation to rise, putting the ...
Morningstar4d
Powell warns Fed could face rising inflation and weaker labor market, will wait on rate cuts
The Federal Reserve could face the "challenging scenario" of rising inflation at the same time the U.S. labor market is weakening, Fed Chair Jerome Powell said Wednesday. Congress has given the ...