On the recordApril 20, 2025
the Fed’s caution is Trump’s own tariff agenda, which is highly likely to generate at least a temporary rise in inflation.
Source
cnn.comEditor's note · Context
Powell linked Trump's tariff policies to inflation concerns.
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More from Jerome Powell
Jul 1, 2025
As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.
Jun 3, 2026
If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.
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