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The post Fed Chair Jerome Powell Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact ...
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...
Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
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.
Fed Chair Jerome Powell warned on Friday that President Donald Trump’s sweeping tariffs would likely push inflation higher, ...
President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and ...
Federal Reserve Chair Jerome Powell said higher inflation and slower growth are more likely as more details emerge about ...