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Trump is pressuring the Fed to cut rates. Here’s why it probably won’t.
President Donald Trump is ratcheting up pressure on the Federal Reserve to cut interest rates, accusing Fed Chair Jerome H.
Powell Says Trump’s Tariffs Raise Risks of Faster Inflation and Slower Growth
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...
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Net Worth of Jerome Powell: The 16th Chair of the Federal Reserve
Jerome Powell, the 16th chair of the Federal Reserve, has an estimated net worth of $55 million.
Read Powell's Prepared Remarks
Remarks by Jerome H. Powell, Chair, Board of Governors of the Federal Reserve System at the Society for Advancing Business ...
Trump’s Tariffs Put Fed Chair Powell in a ‘No-Win Situation’
A trade war ties the Fed’s hands by pushing up inflation at the same time that uncertainty is sapping growth.
Understanding Powell's Warning: Trump’s Tariffs and Their Impact on Inflation and Growth
Alongside inflation concerns, Powell highlighted the likelihood of slower economic growth as a consequence of increased tariffs. Such an environment can hinder job creation and potentially lead to ...
Fed Chair Jerome Powell Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact Remains Unclear
The post Fed Chair Jerome Powell Warns Trump Tariffs Could Lead to Higher Inflation, Slower Growth—but Admits Full Impact ...
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Powell says tariffs could raise inflation, but ‘too soon to say’ how Fed reacts
Federal Reserve Chair Jerome H. Powell said April 4 that President Donald Trump’s sweeping tariffs could raise inflation and ...
No Fed ‘put’ when it’s unclear which way the US economy may pivot
US Federal Reserve Chair Jerome H. Powell has sent strong messages when he felt they were needed, going on television to pledge maximum support for the economy when the COVID-19 pandemic struck, using ...
Tariffs likely to cause higher inflation and slower growth, Powell warns
Late last year, the Federal Reserve was on the cusp of achieving a so-called soft landing — inflation steadily cooling ...
Jerome Powell Surprised by Tariffs: Risks Higher Inflation, Slower Growth
Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
Tariffs will likely push inflation higher, Fed Chair Jerome Powell warns, rebuffing Trump’s bid to cut rates
His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade ...