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Jerome Powell sounds warning on Trump’s tariffs: ‘Highly likely’ to raise prices, ‘continued volatility’ in the markets, and the looming threat of stagflation
so inflation doesn’t linger. Federal Reserve Chair Jerome Powell sounded his strongest warning to date about the impact of President Donald Trump’s on-again, off-again tariffs. “The level of ...
CNN1mon
Fed Chair Powell gives starkest warning yet on potential economic consequences from tariffs
“It was a clear warning about stagflation ... that prices will rise from tariffs, Powell said, but it’s still a question as to whether that will cause overall inflation levels to accelerate ...
New York Post2mon
Tariffs will likely push inflation higher, Fed Chair Jerome Powell warns, rebuffing Trump’s bid to cut rates
Federal Reserve Chair Jerome Powell on Friday ... cut interest rates — warning that the administration’s sweeping new tariffs are likely to push inflation higher and slow economic growth.
Inflation ticked slightly higher in May amid Trump tariffs
Inflation ticked slightly higher in May, rising 2.4%, in line with expectations, according to the U.S. Consumer Price Index ...
The Washington Post1mon
Trump’s tariffs are ‘likely’ to push prices up, Fed chief warns, prompting market slide
Yet Powell’s sharp warning comes as the economy and ... Powell said more persistent risks to inflation depend on how much tariffs end up affecting the economy and how long it takes trade policy ...
UPI2mon
Fed chair warns Trump's tariffs will worsen inflation, lower economic growth
April 4 (UPI) --Federal Reserve Chairman Jerome Powell warned Friday that Trump's strict tariffs will worsen inflation and lower economic growth. As a result, the Fed won't change interest rates ...
Fed to keep rates steady as tariffs, possible oil shock counter inflation data
The Federal Reserve is widely expected to hold interest rates steady next week, with investors focused on new central bank ...
Tariff-driven inflation hasn’t hit everyday life yet — but it will, economists insist. Here’s why.
Where is all the inflation that was supposed to arise from the Trump tariffs? So far there’s hardly been any whiff of big ...