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Powell Warns of Inflation Risks, Signals Rate Changes

5/17/2025

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Summary

Story summary

Federal Reserve Chair Jerome Powell sounded the alarm on potential inflation volatility and recurring supply shocks during a Washington, D.C. conference. He declared the end of near-zero interest rates, urging for clearer communication as the Fed reassesses its policy framework amid shifting economic landscapes and escalating trade tensions.

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Story summary

Federal Reserve Chair Jerome Powell sounded the alarm on potential inflation volatility and recurring supply shocks during a Washington, D.C. conference. He declared the end of near-zero interest rates, urging for clearer communication as the Fed reassesses its policy framework amid shifting economic landscapes and escalating trade tensions.