Jerome Powell says the Fed will need to 'wait and see' the effect of tariffs before adjusting rates

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 - 17:12
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Jerome Powell says the Fed will need to 'wait and see' the effect of tariffs before adjusting rates

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...