Fox Business Flash top headlines for November 30
2:27
Fox Business Flash top headlines for November 30
Nov 30, 2021
Fox BusinessRonn Blitzer
1.5K views · 5.8K reactions | Fed Chair Jerome Powell Blames Trump's tariffs for high Inflation | Watcher.Guru | Facebook
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Federal Reserve Chair Jerome Powell on Wednesday emphasized the central bank’s commitment to keeping inflation in check, saying he expects policymakers to stay on hold until they have a better handle on the impact tariffs will have on prices. He noted that inflation is still above the Fed’s 2% target, with the impact that President Donald Trump’s tariffs will have still unclear. The cautious tones could further antagonize Trump, who has ramped up his long-standing criticism of Powell. Read more:
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Federal Reserve Chair Jerome Powell on Wednesday emphasize…
759.3K views7 months ago
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913K views · 17K reactions | Trump is upset that Federal Reserve Chair Jerome Powell said Trump's tariffs could raise inflation and slow the economy. Trump called Powell 'always too late and wrong' and said his 'termination cannot come fast enough,' urging the Fed to cut rates like the European Central Bank. We'll trust Powell on this one rather than Trump, who’s demanding rate cuts and threatening firings like the reality show diva he is. | NowThis Impact | Facebook
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Fed's Powell still expects rate cuts, but inflation progress "not assured"
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Fed's Powell still expects rate cuts, but inflation progress "not assured"
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ReutersHoward Schneider
Fed Chair on federal budget
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Fed Chair on federal budget
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CBS News
7.1M views · 10K reactions | The Federal Reserve held interest rates steady Wednesday for the fifth meeting in a row as two Fed governors dissented, underscoring the division within the central bank over the potential impact of President Trump’s tariffs. "Tariffs have begun to show through more clearly to prices of some goods, but their overall effects on economic activity and inflation remain to be seen," Fed Chair Jerome Powell said during a press conference. | Yahoo Finance | Facebook
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