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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.
Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
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Elizabeth Warren Gets Fed Chair to Knock Trump Tariffs at HearingSenator Elizabeth Warren (D-MA) got Fed Chair Jerome Powell to blame Trump's policies for negative economic projections ...
Federal Reserve Chair Jerome Powell was back on Capitol Hill for his second day of testimony. This time he was in front of ...
The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty ...
FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee at the time to lead the U.S. Federal Reserve, ...
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President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has ...
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
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