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Fed, Jerome Powell

Reuters on MSN · 3d

Powell says Fed needs to manage against risk that tariff inflation proves persistent

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more persistent inflation is large enough for the central bank to be careful in considering further rate cuts,

Bloomberg on MSN · 3d

Powell Says Higher Inflation Outlook Keeping Fed on Hold for Now

Federal Reserve Chair Jerome Powell had plenty of opportunities Tuesday to tell lawmakers definitively the central bank will cut interest rates soon. He didn’t take any of them.

The Wall Street Journal · 2d

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 Encourages Powell to Resign

The New York Times · 22h

Trump Encourages Powell to Resign in Latest Attack on the Fed Chair

Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about cutting interest rates amid uncertainty about the economic outlook.

U.S. News & World Report · 1d

Trump Says He Wants Interest Rate Cut to 1%, Would 'Love' if Powell Resigned

U.S. President Donald Trump said on Friday he would "love" if Federal Reserve Chair Jerome Powell were to resign, and the president also said he wanted interest rates cut to 1%. "I'd love him to resign if he wanted to,

Cryptopolitan on MSN · 11h

Trump vows to replace Powell with a Fed chair who’s all-in on interest rate cuts

President Donald Trump said he plans to install a new Federal Reserve chair who is fully committed to cutting interest rates.

21hon MSN

Inflation up, spending down as Trump continues to slam the Fed

Inflation ticks up in May as consumer spending and income levels decline, a mixed bag that suggests a slowing U.S. economy ...

1d

Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows

The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...

1don MSN

Gloomy Americans cut back on spending as inflation ticks higher

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back ...

1d

The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May, as Spending Cooled

Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...

2d

Micron Earnings, More Powell Testimony, Inflation Data: Still to Come This Week

It's day two of Federal Reserve Chair Jerome Powell's testimony before Congress. The Fed’s preferred inflation gauge is due ...

4don MSN

Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism

The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...

Daily Voice Berks County, PA on MSN1d

Inflation Ticks Up, Spending Slips As Trump's Tariffs Tighten Grip On Economy

Consumer spending cooled in May as inflation crept higher, signaling new pressure on Americans' wallets amid President Donald ...

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