Powell says tariffs likely to boost inflation, mum on future rate cuts

4 weeks ago 29

Federal Reserve Chairman Jerome Powell on Tuesday gave little sign of when U.S. interest rates will be reduced again, telling Congress that tariffs are likely to push up inflation and “weigh on economic activity.”

Read Entire Article

Powell says tariffs likely to boost inflation, mum on future rate cuts

Related

Lockheed Martin’s stock rocked by big profit miss, as proble...

Coca-Cola confirms Coke with cane sugar is coming, and the s...

Yeti’s stock has been hot, and this ‘viral’ tote could be wh...

Trending

Popular

Hacker reconnaissance work continues on TeleMessage app vuln...

Oracle looks to join an exclusive club as it approaches this...

Airport lounges are ‘ridiculously crowded.’ New mini lounges...

Is Trump threatening to fire Jerome Powell just to bury the ...

Trump signs the Genius Act into law, in significant step for...