Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...

Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.

After the widespread uncertainty caused by the tariff policy, Powell said the Fed decided the "prudent thing to do is to wait ...

The Fed Chair on Tuesday reiterated the central bank plans to "wait and learn more" about the impact of tariffs on inflation ...

The Federal Reserve would have cut interest rates by now if President Donald Trump's tariffs weren't so big, central bank ...

Federal Reserve Chair Jerome Powell visited Capitol Hill on Tuesday to testify before Congress amid intensifying criticism ...

Asked about Trump’s barrage of insults, Powell’s comment that the Fed was focused “100%” on its inflation and jobs target ...

Federal Reserve Chair Jerome Powell on Wednesday said the US central bank is still struggling to determine the impact of ...

Federal Reserve Chair Jerome Powell warns President Donald Trump's sweeping tariffs will likely increase inflation. A 10% tariff on all US imports begins Saturday, with higher tariffs coming April 9.

Even so, Powell said the Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates.

Powell’s assessment will be taken as a particularly important signal as financial markets continue their convulsions over the ripple effects of the new tariffs, which begin to take effect Saturday.

Powell sad that while "tariffs are highly likely to generate at least a temporary rise in inflation, it's also possible that the effects could be more persistent." "Avoiding that outcome would ...