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.
S&P 500 plunges 6% to close its worst week since 2020 after China retaliates against Trump’s tariffs
The S&P 500 was down 3.5% in morning trading, coming off its worst day since COVID wrecked the global economy in 2020.
Jobs, the Economy, and Tariffs: What to Watch in Powell's Speech
Federal Reserve Chairman Jerome Powell is set to take the stage on Friday in the wake of the latest snapshot of the U.S.
Powell Says Tariffs Could Lead to Higher Inflation, Slower Growth
Powell said Friday the economic effects of President Donald Trump’s massive tariff hikes could be larger than expected, ...
Jerome Powell goes against Donald Trump, warns tariffs could stoke inflation flames, signals Fed will hit pause on rate moves until economic dust settles
Jerome Powell warns that Trump’s tariffs could drive inflation higher and slow economic growth. The Federal Reserve is ...
War of words between Federal Reserve Chair Jerome Powell and President Donald Trump
Federal Reserve Chair Jerome Powell said Friday that he expects inflation to pick up because of President Donald Trump's sweeping tariffs.
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 ...
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Fed chair: Tariffs could hike inflation, but more details needed
Powell’s public appearance comes as Trump’s “Liberation Day” tariffs continue to rock economic markets worldwide.
Déjà Vu: Did Fed Chair Jerome Powell Really Just Say the "T" Word? Why Investors Should Be Paying Attention
Fed Chair Jerome Powell may have surprised investors with some of his comments at the press conference following the Fed's ...
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Jerome Powell says Trump can’t fire him. That might change
Federal Reserve Chair Jerome Powell has been crystal clear about whether President Donald Trump can fire him. “Not permitted under the law,” he said — twice — when asked in November.
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Most Asian markets up as Fed soothes worries
HONG KONG — Most Asian equities rose Thursday after US Federal Reserve (Fed) boss Jerome Powell suggested any increase in consumer prices caused by tariffs would likely be short-lived, even as the ...
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Fed in no rush to cut rates; Trump disagrees
WASHINGTON, D.C. — The Trump administration's initial policies, including extensive import tariffs, appear to have tilted the US economy toward slower growth and at least temporarily higher inflation, ...