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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.
President Trump lashed out at Federal Reserve Chair Jerome Powell, whose term runs for another 11 months, during a press ...
Simply put, Powell says he needs to wait and see June and July price data to know just how impactful and inflationary tariffs ...
U.S. stocks have recovered nearly all the losses from April’s lows with the S&P 500 and Nasdaq Composite just shy of new ...
Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of ...
C-suite leaders have plenty to worry about, with economic uncertainty high on the list—and Federal Reserve Chair Jerome ...
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
8hon MSN
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 ...
President Trump has toyed with the idea of selecting and announcing a replacement for Fed Chair Jerome Powell by September or October, according to people familiar with the matter. One of these people ...
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