In a press briefing today, Chairman of the Federal Reserve Jerome Powell discussed the impact of President Trump's tariffs on inflation. Powell stated, "We're already looking through the tariff shock.

Fed looking for core inflation to come down as 'one-time' tariff impact fades Unclear whether central bank can 'look through' energy price spike, Powell says Fed needs to be 'humble' in predicting ...

In normal times, the Federal Reserve would more or less ignore an oil price shock like the one we’re in now. Oil is notoriously volatile, and high prices inevitably come down to earth after too long, ...

Many economists and Fed officials, including Powell, have characterized the implementation of Trump's higher tariffs as a one-time price increase. In theory, this is typically the case, but Powell ...

“April 2, 2025, will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to make America wealthy again.” The United States ...

The prospect of lower interest rates has been a foundational catalyst for a historically expensive stock market. Fed Chair Jerome Powell has homed in on goods-sector inflation (spurred by tariffs) in ...

March 18 (Reuters) - Federal Reserve Chair Jerome Powell on ⁠Wednesday ⁠described significant challenges in bringing inflation ⁠down, from persistent tariff-driven price hikes to Iran war-driven ...