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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 ...
Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay
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 Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact Remains Unclear
The post Fed Chair Jerome Powell Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact ...
Trump is once again pushing for a rate cut. FOMC members are building a credibility barricade around Jerome Powell
Jerome Powell, Tom Barkin, Jeff Schmid and Lorie Logan have said they'll wait for data before axing the interest rate—not ...
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.
Powell Says Trump’s Tariffs Raise Risks of Faster Inflation and Slower Growth
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...
Tariffs Will Increase Inflation, Jerome Powell Warns—As Trump Pressures Fed To Cut Rates
Federal Reserve Chair Jerome Powell said Trump tariffs are likely to raise inflation and slow economic growth.
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 ...
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 ...
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 ...
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 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 ...