Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.

Stocks tanked after Federal Reserve Chair Jerome Powell said President Trump’s surprisingly stiff tariffs could keep ...

Good morning. I'm Taylor Wilson and today is Friday, April 11th, 2025. This is The Excerpt. Today, the Supreme Court says the ...

"Our role is to make sure this will be a one-time increase in prices and not something that turns into an ongoing inflation process," Powell said. Powell's remarks echo warnings this week from ...

Inflation should start to pick up in two to ... Many U.S. companies will likely shift production out of China, a process that had already started during Trump's first term when he slapped duties ...

"Our role is to make sure that this is a one-time increase in prices and not something that turns into an ongoing inflation process," he said.