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Fed, Powell and tariffs

Reuters on MSN · 1d

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,

Associated Press News on MSN · 1d

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.

The Wall Street Journal · 1d

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.

2don MSN

Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.

Mediaite on MSN14h

Elizabeth Warren Gets Fed Chair to Knock Trump Tariffs at Hearing

Senator Elizabeth Warren (D-MA) got Fed Chair Jerome Powell to blame Trump's policies for negative economic projections ...

1d

Watch: Fed’s Powell Testifies on Capitol Hill for Second Day

Federal Reserve Chair Jerome Powell was back on Capitol Hill for his second day of testimony. This time he was in front of ...

14hOpinion

Trump mulls a ‘shadow’ Fed chair as he rips Powell on rate cuts. Is the president right?

President Trump certainly thinks so. He’s pounding the table for immediate rate cuts, and two of the central bank’s five ...

1d

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 ...

1don MSN

Trump calls Fed Chair Powell an ‘average mentally person’ and says he’s working on replacements

President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has ...

8don MSN

Fed's Powell says he expects to see more tariff-driven price hikes in coming months

Federal Reserve Chair Jerome Powell said on Wednesday goods price inflation will pick up over the course of the summer as ...

1don MSN

Howard Lutnick Accuses Jerome Powell Over Trump Tariff Revenue

Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.

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