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Jerome Powell warns on Trump’s tariffs

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Mr. Powell characterized the risks of that outcome, which he warned could include higher unemployment, as “elevated.”
From The New York Times
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war t...
From Reuters
The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome Powe...
From Houston Chronicle

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Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay
Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday. “We face a highly uncertain outlook with elevated risks of both higher unemployment and higher inflation,
Powell warns Trump's tariffs expected to hike inflation
Federal Reserve Chair Jerome Powell said Friday he expects President Donald Trump's tariff policy will hike prices and slow economic growth, while noting that key indicators "still show a solid economy.
Powell Says Trump’s Tariffs Raise Risks of Faster Inflation and Slower Growth
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.”
Trump's tariffs stoke global trade war as China, EU vow response
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.
Trump announces sweeping new tariffs to promote US manufacturing, in financial and political gamble
The president, who said the tariffs were designed to boost domestic manufacturing, used aggressive rhetoric to describe a global trade system that the United States helped to build after World War II,
Trump launches tariffs, saying global trade has 'looted, pillaged, raped, plundered' US economy
President Donald Trump has announced plans for sweeping tariffs, saying “our country has been looted, pillaged, raped, plundered” by other nations
Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome Powell said Friday.
Fear that Trump tariffs will spark recession slashes billions of dollars from US stock values
U.S. companies had billions of dollars in value wiped out after President Donald Trump slapped sweeping tariffs on foreign imports.
Powell warns Trump tariffs, risks are ‘significantly larger than expected’
Federal Reserve Chair Jerome Powell said Friday that the size and potential economic harm of President Trump’s new tariffs were far larger than anticipated, raising new challenges as the
With tariff details in hand, Fed now has to weigh inflation risks against blow to growth
U.S. Federal Reserve officials who've said they needed more details before estimating the economic impact of President Donald Trump's trade plans got perhaps more than they bargained for on Wednesday when he unveiled sweeping tariffs analysts say could dramatically reshuffle the country's economic outlook.
Donald Trump asks Powell to ‘stop politics and cut rates’ after Fed chair flags risk of higher inflation, slow growth
Federal Reserve Chair Jerome Powell said there is a need to carefully monitor the impact of trade policies before deciding on any adjustments to monetary policy.
U.S. News & World Report7d
Exclusive-Fed's Daly Says Flat Progress on Inflation Hurts Confidence in Rate Cut Outlook
(Reuters) -San Francisco Federal Reserve Bank President ... but the recent plateauing of inflation progress gives her less confidence in that outlook, and with the labor market solid and the ...
Fed's Cook says time for patience on policy amid inflation risks
Federal Reserve Governor Lisa Cook said on Thursday that the central bank can take its time to assess a highly unsettled environment before moving interest rates again, amid risks inflation could worsen due to tariffs.
Fed’s Collins says tariff-driven inflation boost ‘inevitable’
While tariff-driven inflation could prove short-lived, Federal Reserve Bank of Boston President Susan Collins said it’s possible price pressures could prove more persistent.
Consumers continued to spend less as inflation climbs 2.8%
Inflation remains a top economic concern for most Americans, even as it has fallen sharply from its 2022 peak.
Table of experts: 2025 economic outlook
UNC Charlotte economist John Connaughton projects the state’s GDP will grow 2.3% this year, down from 3.7% in 2024.
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