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The gulf between where the Federal Reserve projects interest rates will be by the end of 2026 and the more aggressive cutting ...
Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...
During Wednesday’s Senate Banking Committee, Sen. Pete Ricketts (R-NE) questioned Federal Reserve Chair Jerome Powell about Trump's tariff agenda.
‘Fed would have cut rates if not for Trump’s tariffs’, says Powell Pressed by Republican members of the House Financial Services committee about why the Fed isn't cutting rates, as President ...
The Fed chief said it is still unclear how much of the tariff bill will fall on the shoulders of consumers. Read more at straitstimes.com. Read more at straitstimes.com.
There are a lot of unknowns about the outlook for the economy and interest rates, but Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices are coming.
The Fed Waits Out the Tariff Economy. ... (1 min) Federal Reserve Chair Jerome Powell said the central bank will hold rates steady, adding that the U.S. economy remains in a ‘solid position.’ ...
The Federal Open Market Committee offered no policy surprises Wednesday, but it did offer a new note of caution in its economic forecasts: President Trump’s tariffs are producing a mild stagflation.