WASHINGTON (Reuters) -U.S. President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell to cut interest rates, saying it was the perfect time to do so. CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!, Trump said on Truth Social. ...

11:48 AM EDT, 04/04/2025 (MT Newswires) -- Federal Reserve Chair Jerome Powell said Friday that the effects of the Trump Administration's tariffs plans are likely to be larger than expected, while significant uncertainty remains. Powell was speaking at the Society for Advancing Business Editing and Writing Annual Conference. While uncertainty remains elevated, it is now becoming clear that the tariff...

Federal Reserve Chair Jerome Powell signaled a cautious policy stance on Friday, hinting that slowing economic momentum is not yet enough to ease the Federal Reserve's inflation concerns, as higher tariffs threaten to complicate the path toward price stability. Speaking at the Society for Advancing Business Editing and Writing conference, Powell said the economy is still in a good place,...

WASHINGTON (Reuters) -President Donald Trump's new tariffs are larger than expected and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve Chair Jerome Powell said on Friday in remarks that pointed to the potentially difficult set of decisions ahead for the central bank. We face a highly uncertain outlook with elevated risks of...