“In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs,” Powell said Tuesday ...

Fed Chair Jerome Powell said the shock created by President Trump's tariffs earlier this year have delayed the central bank from cutting rates, citing fears of higher inflation.

Powell says Trump's tariffs have delayed lower rates but won’t rule out July cut. The Fed chief’s comments came as the president continues to hammer the central bank for not decreasing ...

The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant policy changes, Chair Jerome Powell said Tuesday.

Federal Reserve Chair Jerome Powell on Wednesday said the US central bank is still struggling to determine the impact of ...

The US government is to start sending out letters to countries with details of higher US tariff rates that will begin on 1 ...

President Donald Trump said early Friday his administration is resuming a broad set of tariffs on dozens of countries after a ...