Powell sees an economy with 'more volatile' inflation
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Instead of interest rates, Powell may talk about the Fed’s review of its monetary policy framework—how it balances employment and price stability.
Federal Reserve Chair Jerome Powell said Thursday that the economy may be entering a period of more volatile inflation and more regular supply shocks relative to recent decades, in which inflation
The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of tariff-induced supply chain issues.
The Fed Chair leads the Federal Reserve’s Board of Governors and chairs the Federal Open Market Committee, setting the course for U.S. monetary policy—everything from interest rates to quantitative easing.
The president’s attacks on Powell could put a “shadow of suspicion” over whomever Trump picks as the next Fed chair.
Federal Reserve Chair Jerome Powell speaks Thursday morning to the Thomas Laubach Research Conference. The topic of Powell's presentation will be the review the central bank is conducting this year of its policy framework. Conducted every five years, the framework review helps provide officials with a blueprint for monetary policy ahead.
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the committee's policy announcement.
President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May 7 meeting, calling him a "fool" for acting "too late" in cutting the central bank's benchmark rate.