Fed Chair Jerome Powell rebuffs Trump’s push to cut rates, warns tariffs will likely push inflation higher
His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade ...
Trump Asks Fed Chair to Cut Interest Rates and 'Stop Playing Politics'
Trump’s demand comes just as Powell warned that escalating tariffs could push inflation higher and slow economic growth.
'Difficult to assess economic effects...': US Fed chief Powell on Trump's tariff impact, signals no rush to cut rates
Speaking at a conference for business journalists on April 4, Powell said, "We face a highly uncertain outlook with elevated ...
Trump pressures Powell to cut rates just before Fed chairman issues tariff warning
President Donald Trump called on Federal Reserve Chairman Jerome Powell to slash interest rates on Friday, right before ...