Jerome Powell says the Fed will 'wait and see' the effect of Trump's tariffs before changing interest rates

Federal Reserve Chairman Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation but that the central bank won’t move to change interest rates until it has a better picture of the impact.Read more...

Apr 4, 2025 - 17:26
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Jerome Powell says the Fed will 'wait and see' the effect of Trump's tariffs before changing interest rates

Federal Reserve Chairman Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation but that the central bank won’t move to change interest rates until it has a better picture of the impact.

Read more...