Jerome Powell Surprised by Tariffs: Risks Higher Inflation, Slower Growth
Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
Tariffs will likely push inflation higher, Fed Chair Jerome Powell warns, rebuffing Trump’s bid to cut rates
His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade ...
Fed Chair Jerome Powell says Trump tariffs are ‘likely to raise inflation’—and the economic hit will be ‘significantly larger’ than expected
Fed Chair Jerome Powell warned on Friday that President Donald Trump’s sweeping tariffs would likely push inflation higher, ...
Powell sees tariffs raising inflation and says Fed will wait before further rate moves
Powell said the Fed faces a “highly uncertain outlook” because of the new reciprocal levies the president announced Wednesday ...
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 ...
Tariffs Risk Pushing Inflation Higher, Growth Lower, Fed Chair Powell Says
America's top central banker has the same concerns as many other experts about what President Donald Trump's "Liberation Day" ...
Jerome Powell says Fed watching to mitigate effects of tariffs
Federal Reserve Chair Jerome Powell says the economy is in "good condition," but notes inflation's uncertainty.
Fed Chair Jerome Powell warns that Trump's tariffs could mean higher inflation and slower growth
Federal Reserve Chairman Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation but ...
Fed Chair Powell says tariffs likely to cause inflation to rise, could be persistent
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.