Powell warns inflation is sticking around thanks to Trump's tariffs
Federal Reserve Chair Jerome Powell said that "a good part" of inflation will likely come from President Donald Trump's trade ...
Jerome Powell says tariffs may slow efforts to curb inflation
Federal Reserve Chairman Jerome Powell said Wednesday that inflation driven by President Donald Trump’s tariff agenda could make it more difficult to achieve the Fed’s goal of lowering inflation.
Trump is about to test whether the Fed learned its inflation lesson
In 2021, as the US economy recovered from the pandemic, consumer prices began to creep higher. Federal Reserve officials said ...
Powell flirts again with a dangerous way to describe inflation: 'Transitory'
Fed Chair Jerome Powell said Wednesday his 'base case' is that higher inflation stemming from President Trump's tariffs will ...
Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says
U.S. Federal Reserve Chair Jerome Powell said on Wednesday that President Donald Trump's tariff increases would delay progress in bringing down inflation this year, but the Fed's base case is that ...
Jerome Powell doubles down on a word that has haunted him, saying pain from tariffs would be ‘transitory’
The Fed’s slowness to catch the inflation surge that began during the pandemic has earned it scads of criticism. Is this time ...
Inflation gauge favored by Fed showed core prices ticked higher in February
The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation ...
February PCE Report: Inflation Comes in Hotter Than Expected
The February personal consumption expenditures (PCE) report is out and core inflation was higher than expected at 2.8% ...
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Grocery price inflation levels off, but the cost of these items continue to rise
In a press conference Wednesday, Federal Reserve Chair Jerome Powell acknowledged Americans’ dissatisfaction with the total that flashes on screen when it's time to pay up at checkout. However, he ...
The Federal Reserve sees tariffs raising inflation this year and keeps key rate unchanged
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates ...
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Powell flirts again with a dangerous way to describe inflation: 'Transitory'
It came from Fed Chair Jerome Powell, who told reporters Wednesday his "base case" is that higher inflation stemming from President Trump's tariffs will be "transitory" — reviving memories of ...