Posted inBanking and Financial Institutions Customs (Tariff) Inflation (Economics) Interest Rates Regulation and Deregulation of Industry United States Economy United States Politics and Government
Powell Warns Trump’s Tariffs Risk Stoking Even Higher 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.”