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Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
Wall Street tumbled after Fed Chair Jerome Powell warned about the impact of tariffs and Nvidia issued sobering guidance.
The Federal Reserve could face the “challenging scenario” of rising inflation at the same time the U.S. labor market is ...
Americans’ expectations for near-term inflation hit the highest level since the fall of 2023 in March, amid a souring in the ...
Jerome Powell has said that the Federal Reserve can be patient as the effects of tariffs become more clear. President Trump, ...
"Looking ahead, the new administration is in the process of implementing significant policy changes in four distinct areas: trade, immigration, fiscal policy and deregulation. It is the net effect of ...
If resulting inflation proves temporary ... recent months-one of the few investment-bank research teams that forecast the Fed would hold rates steady through all of 2025. But tariffs that look ...
The Federal Reserve was widely expected to leave interest rates unchanged on Wednesday, at the conclusion of its March ...
Friday's PCE data release comes as investors closely watch where inflation stands at the onset of President Trump's tariff ...
The Federal Reserve on Wednesday announced that it will leave a key interest rate unchanged for the second consecutive meeting amid persistent inflation and uncertainty about the economy.
U.S. Federal Reserve policymakers were nearly unanimous at their meeting last month that the U.S. economy faced risks of ...