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Fed Chair Jerome Powell warned on Friday that President Donald Trump’s sweeping tariffs would likely push inflation higher, dampening investors’ hopes that the central bank would cut interest rates later this year.

USA TODAY on MSN · 1d

Fed's Powell addresses Trump's tariffs, says officials' job is to contain inflation

Fed's Powell said the economy is in "good place," and officials must keep inflation controlled. His remarks suggest the possibility of fewer rate cuts

ABC News on MSN · 1d

Fed Chair Powell says he expects Trump's tariffs will hike inflation and slow growth

"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible the effects will be more persistent," Powell told the audience at the Society for Advancing Business Editing and Writing conference in Washington, D.C.

Where to Watch Fed Chair Jerome Powell's Speech Today

Federal Reserve Chair Jerome Powell gave his first public remarks since the Trump administration's latest tariffs went into ...

How to watch Federal Reserve Chair Jerome Powell's speech Friday, April 4

Federal Reserve Chair Jerome Powell is expected to comment on the state of the economy at a speech scheduled for Friday, ...

Powell Says Fed in No Hurry to Cut as Markets Continue to Swoon

Federal Reserve Chair Jerome Powell made clear the US central bank won’t rush to react to sweeping Trump administration ...

Fed Chair Jay Powell explains why he's always wearing a purple tie: 'We are strictly nonpolitical'

It turns out there's a reason why Federal Reserve Chair Jerome Powell is always wearing a purple tie at his press conferences ...

CoinDesk1d

Jerome Powell Makes No Promise to Ease Policy; Fed to Stay Focused on Inflation

U.S. Federal Reserve Chairman Jerome Powell promised to keep his eye on the inflation ball even as the president's tariff ...

1don MSN

Fed, Powell Offer No Balm for Crashing Markets, Consumer Anxiety

The Federal Reserve chairman said it was too soon to discuss what the central bank will do as Donald Trump’s policies unnerve ...

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Wall Street rout after Trump tariffs rolls on; Powell in focus following strong March jobs report

U.S. stocks sank Friday, with sentiment continuing to be hammered by President Donald Trump's imposition of the steepest ...

Powell reluctant to signal much concern for stock market

Fed Chairman Jerome Powell is unlikely to signal much concern for the stock market meltdown, according to Mark Chandler, a political economist and chief market strategist for Bannockburn Capital ...

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Trump, Jerome Powell and Fed