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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.
Despite persistent inflation, the Fed is considering rate cuts, risking further credibility loss and contributing to higher ...
President Donald Trump is weighing up naming Federal Reserve Chair Jerome Powell’s replacement early in a bid to speed up ...
The Federal Reserve’s preferred inflation gauge is still to come this week, as are earnings from Nike and Walgreens. Here's ...
President Trump certainly thinks so. He’s pounding the table for immediate rate cuts, and two of the central bank’s five ...
5hon MSN
No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...
Higher import levies will put upward pressure on prices that may not prove temporary, Federal Reserve Governor Michael Barr ...
Fed Chair Jerome Powell's odds of staying drop as Trump eyes an early Fed switch and the dollar hits a 3-year low.
Trump's top central bank overseer said inflation appears to be on a path back to 2% and expects “only minimal impact” from ...
2don MSN
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...
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