Fed Chair Powell Warns of Higher Inflation, Slower Growth, Unemployment

Fed Chair Powell Warns of Higher Inflation, Slower Growth, Unemployment

The Federal Reserve held interest rates steady but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the U.S. central bank grapples with the impact of Trump administration tariff policies. The economy overall has “continued to expand at a solid pace,” the Fed said in a policy statement, […]