Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.

The central bank leader said that while he expects higher inflation and lower growth, it’s unclear where the Fed will need to ...

The economy will likely stumble as it adjusts to new trade policies announced by the Trump administration, Federal Reserve ...

The Federal Reserve could face the “challenging scenario” of rising inflation at the same time the U.S. labor market is ...

Powell made the remarks while addressing the Economic Club of Chicago on Apr. 16. Powell added that the tariffs are highly ...

Federal Reserve Chair Jerome Powell expressed concern over achieving the central bank’s dual mandate as tariffs are likely to ...

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 ...

Federal Reserve Chair Jerome Powell highlighted how planned and enacted policy shifts by the Trump administration have ...

The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said ...

Federal Reserve Chair Jerome Powell expressed concern over achieving the central bank’s dual mandate as tariffs are likely to drive inflation higher while weakening economic growth. His comments ...

Jerome Powell has said that the Federal Reserve ... growth and perhaps even cause a recession. Adding to those concerns, inflation in the United States, while cooling, remains higher than the ...