Federal Reserve Chair Jerome Powell, under continued attack from President Trump, says the impact of tariffs on inflation should become clearer in the coming months.
Federal Reserve Chair Jerome Powell says there's of when U.S. interest rates will be reduced again ahead of his annual testimony to Congress, setting up a potential clash with President Donald Trump's staunchest Republican allies.
The Fed chair will tell lawmakers that the central bank can wait to see how President Trump's tariffs affect the economy before lowering borrowing costs.
