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Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
Americans’ expectations for near-term inflation hit the highest level since the fall of 2023 in March, amid a souring in the ...
The Fed chief warns higher inflation is likely, although officials routinely say their outlook depends on how Trump’s ...
Economists expect tame readings in March in the key inflation measures tracked by the Federal Reserve for its 2% target.
Consumer worries grew over inflation, unemployment and the stock market as the global trade war heated up in March.