The Fed chair reassured an audience at the University of Chicago the economy was in a “good place” despite “elevated uncertainty.”
U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.
Jerome Powell, who was appointed the chair of the Federal Reserve by President Donald Trump in 2017, during his first term as president, has admitted the tariffs will cause inflation to rise
As President Donald Trump on Friday threatened new tariffs on Canadian products, Federal Reserve Chair Jerome Powell said the administration's tariff plan would likely raise prices for U.S. shoppers and retailers.