President Trump’s trade war is likely to lead to higher prices and slower growth, a challenging combination for the Fed. War in the Middle East could make the job harder still.
Category: Powell, Jerome H
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As Trump Pressures Fed, He Seizes on Interest Rate Cuts by Europe and Others
President Trump has increasingly pointed to rate cuts by other central banks as he pressures Jerome H. Powell, the Fed chair, to reduce borrowing costs.
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Trump and Iran Complicate the Fed’s Next Move
Investors are anxious about whether the central bank will change course on rate cuts as geopolitical turmoil and tariffs pose inflation risks.
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Fed’s ‘Wait and See’ Approach Is Intact as New Risks Cloud Economic Outlook
The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that could be extended through the summer.
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As Trump’s Tariffs Reshape Trade, Businesses Struggle With Economic Uncertainty
Policymakers and business owners are navigating a highly uncertain moment for the economy, wary of overreacting but watchful of a meaningful downturn.
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PCE Inflation Stayed Subdued in April Amid Trump’s Tariff Limbo
The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.
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Trump Meets With Powell After Months of Disparaging the Fed
Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful, objective and nonpolitical analysis.”
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Fed ‘Well Positioned’ to Wait on Rate Cuts Even as Economic Risks Rise, Minutes Show
Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the economic outlook.
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Jerome Powell, a Potential Winner from the Trade Reprieve
The markets have come around to the Federal Reserve chairman’s cautious approach to lowering interest rates. President Trump could be a tougher convert.
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The Fed Could Be on Hold Until September, Economists Say
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher inflation and slower growth.
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Countdown to Scott Bessent’s Trade Talks With China
Treasury Secretary Scott Bessent will finally start negotiating with Chinese counterparts. But business leaders shouldn’t expect any sudden breakthroughs.