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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 Donald Trump's tariffs will likely increase inflation and could also drive up unemployment, Federal Reserve ...
The gulf between where the Federal Reserve projects interest rates will be by the end of 2026 and the more aggressive cutting ...
A flurry of Federal Reserve officials this week made clear they’ll need a few more months to gain confidence that ...
Trump's top central bank overseer said inflation appears to be on a path back to 2% and expects “only minimal impact” from ...
The dollar has reached a three-and-a-half-year low against the euro and sterling due to anticipated Federal Reserve rate cuts ...
Higher import levies will put upward pressure on prices that may not prove temporary, Federal Reserve Governor Michael Barr ...
It's day two of Federal Reserve Chair Jerome Powell's testimony before Congress. The Fed’s preferred inflation gauge is due ...
2don MSN
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...
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