News
Powell: Fed Must Consider Costs of Being Wrong on Inflation
Federal Reserve Chair Jerome Powell said the central bank is taking a more cautious approach to the effects of President Trump’s tariff increases than it did in 2019 because recent increases in tariff rates are much larger and because the economy is coming off a period of much higher inflation.
Powell: Fed rate cut still on hold despite demands
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump’s calls for immediate cuts.
This disappointed many Americans, including President Donald Trump, who has been slamming Powell with a vast variety of vile ...
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
U.S. stocks have recovered nearly all the losses from April’s lows with the S&P 500 and Nasdaq Composite just shy of new ...
The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty ...
The Fed chair told lawmakers that the central bank could afford to be patient amid uncertainty about how President Trump’s ...
Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
The Federal Reserve chairman says he still does not know how much of an impact President Donald Trump’s tariffs will have on ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback