To watch more expert insights and analysis on ... A change from a view that Fed chair Powell had a couple of weeks ago that inflation from tariffs could prove temporary. 00:21 Jerome Powell ...

Noting that tariffs could both push up inflation and slow the economy, Federal Reserve Chair Jerome Powell said Friday the central bank will be especially vigilant about keeping inflation in check.

(Photo by Chip Somodevilla/Getty Images) Powell described the economic impact of tariffs as “significantly larger than expected” and said import taxes are likely to lead to a jump in inflation ...

Federal Reserve Chairman Jerome Powell warned that President Donald Trump’s sweeping import tariffs could lead to inflation that could be “more persistent” than just a one-time surge in prices.

Fed Chair Jerome Powell said Friday that he expects President Donald Trump's tariffs to raise inflation and lower ... access to expert insights is paramount. As a CNBC Pro subscriber, we invite ...

"I do think with the arrival of the tariff inflation, further progress may be delayed," Powell said. He added that the FOMC's Summary of Economic Projections "doesn't really show further downward ...

"Tariffs are highly likely to generate at least a temporary rise in inflation," said Powell. "The inflationary ... access to expert insights is paramount. As a CNBC Pro subscriber, we invite ...

Gift 5 articles to anyone you choose each month when you subscribe. Washington | US President Donald Trump’s new tariffs are “larger than expected” and the economic fallout, including higher ...

Powell said at the Fed’s press conference that inflation resulting from tariffs could be “transitory,” but he also said further progress in reducing inflation this year could be delayed as a ...