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Fed’s Powell repeats warning about tariffs

USA TODAY · 4m

Powell warns ending Fed interest on reserves would be 'volatile' and costly

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That is not the case."

The Associated Press on MSN · 18m

Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias

Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete Ricketts, a Republican from Nebraska, argued that the duties could simply act as a one-time increase in prices that wouldn’t fuel inflation.

Wall Street Journal · 13h

Powell: Fed Must Consider Costs of Being Wrong on Inflation

Federal Reserve Chair Jerome Powell said the central bank is taking a more cautious approach to the effects of President Trump’s tariff increases than it did in 2019 because recent increases in tariff rates are much larger and because the economy is coming off a period of much higher inflation.

Trump calls Fed Chair Powell an 'average mentally person'

CNN on MSN · 4h

Trump calls Fed Chair Powell an ‘average mentally person’ and says he’s working on replacements

President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has “low IQ” and suggested that he has narrowed down the list of potential replacements to three or four people.

Fortune on MSN · 10h

The three issues keeping Fed Chair Jerome Powell up at night

C-suite leaders have plenty to worry about, with economic uncertainty high on the list—and Federal Reserve Chair Jerome Powell shares their concerns. “It’s not an easy job, but it’s one we’ve willingly taken on,

Bloomberg on MSN · 6h

Trump Says Three or Four People on List to Replace Fed’s Powell

President Donald Trump said he has three or four people in mind to succeed Federal Reserve Chair Jerome Powell when his term expires next year.

5hon MSN

Fed chief Powell is starting to worry about the reliability of economic data

Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...

1don MSN

Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.

9hon MSN

Fed's Powell heads to Senate panel for second day of testimony

U.S. Federal Reserve Chair Jerome Powell resumes two days of Congressional testimony on Wednesday when he appears before the ...

19hon MSN

Powell says Fed rate cut is on hold even as Trump demands cuts

Trump is urging the Fed to cut rates to save the U.S. government money on its interest payments affixed to the vast national ...

Powell: Fed is reviewing Basel III, supplemental leverage ratio rules

During a second day of testimony on Capitol Hill, Federal Reserve Chair Jerome Powell said the central bank is reviewing the ...

8h

Read Powell's Prepared Remarks

Below are Chair Jerome Powell's prepared remarks to the House Committee on Financial Services. He's expected to deliver ...

8hon MSN

S&P 500, Nasdaq set to open higher as Middle East tensions cool; Powell in focus

Wall Street's S&P 500 and Nasdaq indexes were on track for a higher open on Wednesday as a ceasefire between Israel and Iran ...

1d

Powell Tells Congress Fed Remains Committed to Fighting Inflation Amid Uncertainty Over the Impact of Tariffs

The Federal Reserve chairman says he still does not know how much of an impact President Donald Trump’s tariffs will have on ...

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