If President Donald Trump’s large tariffs remain in place for some time, the economy is likely to slow to a crawl, Federal ...

Federal Reserve governor Chris Waller warned Monday that inflation could surge this year near 5% and economic growth could ...

Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.

Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.

The Fed chief warns higher inflation is likely, although officials routinely say their outlook depends on how Trump’s ...

Fed governor Christopher Waller called new tariffs "one of the biggest shocks to affect the U.S. economy in many decades," ...

The path ahead for tariffs is still a wild card for the Fed with respect to inflation’s path. The market continues to ...

Federal Reserve Board member Christopher Waller said he would not be deterred from classifying inflation as "transitory" ...

Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...

then I would expect to favor cutting the [Fed’s] policy rate sooner, and to a greater extent than I had previously thought,” Waller said. Trump’s tariff agenda has been rolled out in a stop ...

Waller said he knew that many on Wall Street would "howl" because the Fed was wrong in 2021-22 when it argued that the surge of inflation at the end of the COVID pandemic was transitory.

Fed’s Waller says interest rates may need to be cut soon if largest Trump tariffs stay in place ‘The risk of recession would outweigh the risk of escalating inflation,’ Fed governor says ...