Federal Reserve Chair Jerome Powell said recently that the U.S. economy will likely face a period of higher prices and weaker growth owing to President Trump’s new tariffs. Photo: Tierney L.

Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a highly uncertain ...

In his speech Friday, Fed Chair Jerome Powell said he is not planning to cut interest rates at the Fed's next meeting, in May. He also said the Fed is prepared to be patient, and doesn't know if ...

Federal Reserve Chairman Jerome Powell left the door open on how the central bank will respond to President Trump's tariff plan. In a speech Friday, Powell said the Fed was well positioned to wait ...

Federal Reserve Chair Jerome Powell on Friday appeared to back away from a "base case" view that inflation from President Trump's new tariffs could be transitory, saying that "it is also possible ...

Find him on Twitter @GabeWhisnant. Federal Reserve Chair Jerome Powell warned Friday that the Trump administration's sweeping new tariffs are likely to drive up inflation and slow economic growth.

Federal Reserve Chair Jerome Powell said Friday that the size and potential economic harm of President Trump’s new tariffs were far larger than anticipated, raising new challenges as the bank ...

Noting that tariffs could both push up inflation and slow the economy, Federal Reserve Chair Jerome Powell said Friday the central bank will be especially vigilant about keeping inflation in check.

Federal Reserve Chair Jerome Powell on Friday rebuffed President Trump’s call for the central bank to immediately cut interest rates — warning that the administration’s sweeping new tariffs ...

Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a highly uncertain outlook ...