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 Cook says time for patience on policy amid inflation risks
Federal Reserve Governor Lisa Cook said on Thursday that the central bank can take its time to assess a highly unsettled ...
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 ...
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Trump is about to test whether the Fed learned its inflation lesson
In 2021, as the US economy recovered from the pandemic, consumer prices began to creep higher. Fed officials said then that ...
With tariff details in hand, Fed now has to weigh inflation risks against blow to growth
U.S. Federal Reserve officials who've said they needed more details before estimating the economic impact of President Donald ...
Inflation gauge favored by Fed showed core prices ticked higher in February
The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation ...