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Trump tariffs partly to blame for inflation

Trump tariffs partly to blame for inflation: Fed chair

Federal Reserve Chair Jerome Powell on Wednesday said President Donald Trump’s tariffs are partly to blame for price increases, leveling the criticism minutes after the central bank announced its decision to hold interest rates steady.

Reuters on MSN · 1d

Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says

U.S. Federal Reserve Chair Jerome Powell said on Wednesday that President Donald Trump's tariff increases would delay progress in bringing down inflation this year, but the Fed's base case is that tariff-related price impacts will be transitory,

The New York Times · 1d

Citing Tariffs and Uncertainty, Fed Sees Higher Inflation and Lower Growth

Jerome Powell, the Fed chair, said that “further progress may be delayed” on inflation because of tariffs. Officials kept interest rates steady but signaled they may cut them twice this year.

1don MSN

Fed leaves interest rates unchanged, but forecasts future cuts

The Federal Reserve was widely expected to leave interest rates unchanged on Wednesday, at the conclusion of its March ...

1don MSN

Fed Sharply Reduces 2025 Growth Projection, Marks Up Inflation

In its latest quarterly economic projections, the Fed lowered its growth outlook for 2024 and 2025, forecasting a slower ...

CNN3d

Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says

President Donald Trump’s tariff policies are slowing economic ... world, preventing them from making investments that can drive economic growth, the OECD said. Meanwhile, fears of rebounding ...

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Trump tariffs partly to blame for inflation

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