Powell says tariffs could raise inflation, but ‘too soon to say’ how Fed reacts
Federal Reserve Chair Jerome H. Powell said April 4 that President Donald Trump’s sweeping tariffs could raise inflation and slow growth; however, it’s “too soon to say” how the Fed will adjust monetary policy as a result.
Understanding Powell's Warning: Trump’s Tariffs and Their Impact on Inflation and Growth
Alongside inflation concerns, Powell highlighted the likelihood of slower economic growth as a consequence of increased tariffs. Such an environment can hinder job creation and potentially lead to higher unemployment rates.
Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the ...
Federal Reserve Chair Jerome Powell made a hawkish pivot on Friday that few have picked up on, according to one close watcher ...
Remarks by Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System at the Society for Advancing Business ...
Late last year, the Federal Reserve was on the cusp of achieving a so-called soft landing — inflation steadily cooling ...
His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade ...
Investors hoping for a sizable dovish pivot from the Fed following the president's Wednesday tariff announcement and ...
Federal Reserve Chairman Jerome Powell is set to take the stage on Friday in the wake of the latest snapshot of the U.S. labor conditions and another round of surprisingly robust tariff hikes from the ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback