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A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump's tariffs has caused ...
Trump has argued that inflation is down before. While it's steadily ebbed in recent years, prices are still rising faster ...
Jerome H. Powell, chair of the Federal Reserve, has made clear that pre-emptive interest rate cuts are not appropriate for ...
The duties, Powell acknowledged, could both slow growth and lift prices, which puts the Fed in a tough spot. It would usually ...
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak economy.
As the Federal Reserve holds interest rates steady in May, Fed Chair Jerome Powell stated that the risks of higher ...
Kevin Warsh, who is seen as a possible contender to be the next Federal Reserve chair, suggested the US central bank would be ...