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Fed's Powell Repeats Warning About Tariffs

Reuters on MSN · 11m

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,

Bloomberg on MSN · 4h

Fed’s Powell Says Tariff-Driven Inflation Remains a Big Question

Federal Reserve Chair Jerome Powell on Wednesday said the US central bank is still struggling to determine the impact of tariffs on consumer prices.“The question is, who’s going to pay for the tariffs?

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.

1h

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 ...

4hon MSN

Fed chief Powell is starting to worry about the reliability of economic data

Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...

7h

Powell Won't Rule Out a July Rate Cut as Dissent Grows

Follow live coverage and the latest news from Federal Reserve Chairman Jerome Powell. He'll speak to both chambers of ...

7hon 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.

59mon MSN

Trump slams Fed Chair Powell for not cutting rates: 'Average mentally person'

President Donald Trump on Wednesday criticized Federal Reserve Chairman Jerome Powell for keeping interest rates too high, ...

4h

Fed's Powell heads to Senate panel for second day of testimony

U.S. Federal Reserve Chair Jerome Powell resumes two days of Congressional testimony on Wednesday when he appears before the ...

12h

Nike Earnings, More Powell Testimony, Inflation Data: Still to Come This Week

It's day two of Federal Reserve Chair Jerome Powell's testimony before Congress. The Fed’s preferred inflation gauge is due ...

2hon MSN

Trump says he's already considering '3 or 4 people' to replace Powell at Fed

President Donald Trump said he's already looking for a new Fed chair to replace Jerome Powell and has narrowed his search to '3 or 4 people' ...

Capital requirements, a Fed reno and Trump overshadow Powell hearings

Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared ...

1don MSN

Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism

The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...

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