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President Trump certainly thinks so. He’s pounding the table for immediate rate cuts, and two of the central bank’s five ...
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
‘Fed would have cut rates if not for Trump’s tariffs’, says Powell Pressed by Republican members of the House Financial Services committee about why the Fed isn't cutting rates, as President ...
Fed Chair Jerome Powell is under GOP scrutiny for linking tariffs to inflation. Republicans question his neutrality, raising ...
But Trump later said he has "no intention of firing" the Fed chair. Powell warned in April about the impact of Trump's tariffs on inflation, telling the Economic Club of Chicago that "Unemployment ...
The Fed chief said it is still unclear how much of the tariff bill will fall on the shoulders of consumers. Read more at straitstimes.com. Read more at straitstimes.com.
There are a lot of unknowns about the outlook for the economy and interest rates, but Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices are coming.
The Fed Waits Out the Tariff Economy. ... (1 min) Federal Reserve Chair Jerome Powell said the central bank will hold rates steady, adding that the U.S. economy remains in a ‘solid position.’ ...
The Federal Open Market Committee offered no policy surprises Wednesday, but it did offer a new note of caution in its economic forecasts: President Trump’s tariffs are producing a mild stagflation.