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Fed's Powell Repeats Warning About Tariffs

Powell says Fed needs to manage against risk that tariff inflation proves persistent

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more persistent inflation is large enough for the central bank to be careful in considering further rate cuts,

Bloomberg on MSN · 4h

Fed’s Powell Says Tariff-Driven Inflation Remains a Big Question

Federal Reserve Chair Jerome Powell on Wednesday said the US central bank is still struggling to determine the impact of tariffs on consumer prices.“The question is, who’s going to pay for the tariffs?

Newsday · 1h

Fed's Powell repeats warning about tariffs as some GOP senators accuse him of bias

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties.

Congress Grills Powell Over The Fed's Reluctance To Cut Rates

The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty ...

4hon MSN

Fed chief Powell is starting to worry about the reliability of economic data

Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...

Powell Won't Rule Out a July Rate Cut as Dissent Grows

Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of ...

12h

Nike Earnings, More Powell Testimony, Inflation Data: Still to Come This Week

It's day two of Federal Reserve Chair Jerome Powell's testimony before Congress. The Fed’s preferred inflation gauge is due ...

1don MSN

Powell leaves door ajar to July rate cut, but an expected rise inflation is likely to keep the Fed sidelined

Federal Reserve chief Jerome Powell on Tuesday said a good case could be made for cutting interest rates soon, but he said ...

15mon MSN

Trump says he's already considering '3 or 4 people' to replace Powell at Fed

President Donald Trump said he's already looking for a new Fed chair to replace Jerome Powell and has narrowed his search to '3 or 4 people' ...

48m

Fed Chair Jerome Powell grilled over ‘lavish’ HQ renovations: ‘Belong in the Palace of Versailles’

Powell said the Fed’s Eccles building, constructed between 1935 and 1937, “really needed a serious renovation,” saying that among the building’s issues, “it was not really safe and it was ...

Banking Dive3h

Capital requirements, a Fed reno and Trump overshadow Powell hearings

Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared ...

1hon MSN

Trump slams Fed Chair Powell for not cutting rates: 'Average mentally person'

President Donald Trump on Wednesday criticized Federal Reserve Chairman Jerome Powell for keeping interest rates too high, ...

1don MSN

Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism

The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...

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