Fed Chair Jerome Powell warns that Trump's tariffs could mean higher inflation and slower growth

Federal Reserve Chairman Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation but that the central bank won’t move to change interest rates until it has a better picture of the impact.Read more...

Apr 4, 2025 - 19:27
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Fed Chair Jerome Powell warns that Trump's tariffs could mean higher inflation and slower growth

Federal Reserve Chairman Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation but that the central bank won’t move to change interest rates until it has a better picture of the impact.

Read more...