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Fed Chair Powell resists Trump pressure

CBS News on MSN · 1d

Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says

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

Fortune on MSN · 2d

Jerome Powell says Fed would have lowered rates already if it weren’t for tariffs

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

USA TODAY · 1d

Fed Chair Powell resists Trump pressure, will wait on rate cuts amid tariff uncertainty

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

2don MSN

Powell confirms that the Fed would have cut by now were it not for tariffs

The U.S. central bank would likely have begun cutting interest rates again if not for the levy plan, the Fed chief said.

7don MSN

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 ...

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