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The Fed chief warns higher inflation is likely, although officials routinely say their outlook depends on how Trump’s ...
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
Consumer prices rose just 2.4 percent in March from a year earlier, the Labor Department said Thursday. Economists warned ...
Chicago Federal Reserve President Austan Goolsbee said Thursday it's "not a pause of anything" about Trump’s announcement ...
The blanket tariffs, once considered extreme, still threaten to harm world trade and make everything more expensive for businesses and consumers.
ARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth ...
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth.
The Trump administration's expansive new tariffs will likely lead to higher ... their way through our economy and are likely to raise inflation in coming quarters," Powell said.
Consumer prices in March were up 2.4% from a year ago — a smaller annual increase than forecasters had expected. While President Trump has suspended many of his new tariffs, import taxes that remain ...
The Trump administration’s expansive new tariffs will likely lead to higher ... “Our obligation is to… make certain that a one-time increase in the price level does not become an ongoing inflation ...