Fed's Powell repeats warning about tariffs as some GOP senators accuse him of bias

Why is BP stock surging amid Shell merger talks? How will Fannie Mae treat crypto assets in mortgages? Why is Bumble cutting 30% of its workforce? What impact will Fed’s capital rule changes have? How did Zohran Mamdani’s win affect NYC real estate? Why are Tesla sales dropping in Europe? How are tariff tensions affecting Fed rate decisions?

Fed's Powell repeats warning about tariffs as some GOP senators accuse him of bias

abcnews.go.com/Business/wireStory/feds-powell-repeats-warning-tariffs-gop-senators-accuse-123200225

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties

This story appeared on abcnews.go.com, 2025-06-25 16:38:44.