Tariffs Will Increase Inflation, Jerome Powell Warns—As Trump Pressures Fed To Cut Rates
Federal Reserve Chair Jerome Powell said Trump tariffs are likely to raise inflation and slow economic growth.
Fed seen waiting until June to start rate cuts, after big job gains last month
Traders on Friday bet the Federal Reserve will wait until June to start cutting interest rates after a government report ...
Fed's Powell addresses Trump's tariffs, says officials' job is to contain inflation
Fed's Powell said the economy is in "good place," and officials must keep inflation controlled. His remarks suggest the ...
Morgan Stanley expects no rate cuts from the Fed this year
Morgan Stanley said on Thursday it expects the U.S Federal Reserve will not cut rates this year due to potential elevated ...
2025 Savings Rate Forecast: Will Rates Stay High?
In the last few years, consumers have enjoyed record-high annual percentage yields (APYs) on their savings accounts, thanks ...
President Trump Calls for Rate Cuts
Just ahead of Powell's speech, President Donald Trump again called for the Fed to cut interest rates. “This would be a ...
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 ...
Fed chair says Trump tariffs will likely raise inflation, slow economic growth
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and ...
Traders Boost Odds of Fed Rate Cuts
The odds of a rate cut from the Federal Reserve in May are rising as traders consider the impact of President Donald Trump's tariffs on the economy. The probability of a quarter-point rate cut in May ...