Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...
Federal Reserve Chair Jerome Powell said Trump tariffs are likely to raise inflation and slow economic growth.
Fed's Powell said the economy is in "good place," and officials must keep inflation controlled. His remarks suggest the ...
His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade ...
Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
Fed Chair Jerome Powell warned on Friday that President Donald Trump’s sweeping tariffs would likely push inflation higher, ...
Powell said the Fed faces a “highly uncertain outlook” because of the new reciprocal levies the president announced Wednesday ...
"While tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible the effects will be ...
America's top central banker has the same concerns as many other experts about what President Donald Trump's "Liberation Day" ...
President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and ...
Federal Reserve Chair Jerome Powell said President Trump's tariffs are likely to cause inflation to rise at least temporarily, though the extent and duration is unclear.
United States President Donald Trump called on the Federal Reserve to cut interest rates as the markets continue to tumble.