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Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty ...
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...
Powell said the Federal Reserve will not cut interest rates until the impact of tariffs on inflation is clearer.
It's day two of Federal Reserve Chair Jerome Powell's testimony before Congress. The Fed’s preferred inflation gauge is due ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism ...