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Stock impact report

Fed's Powell to weigh in amid tariff fray, market drop [Yahoo! Finance Canada]

Northern Trust Corporation (NTRS) 
Last northern trust corporation earnings: 4/21 07:29 am Check Earnings Report
and markets shaken as a result, Federal Reserve Chair Jerome Powell on Friday will add his voice to a growing debate at the central bank over whether the Trump administration's new policies are more likely to stoke higher inflation or undercut growth and employment so much the Fed will have to respond. Initial comments from his colleagues following U.S. President Donald Trump's tariff announcements this week showed concern the economy could be pulled in conflicting directions in coming months, with steep tariffs driving prices higher even as fading confidence and price shocks drive growth and consumption lower. While short of classic "stagflation," Fed Governor Adriana Kugler this week said "we're already seeing some upside risks to inflation and some real increases in inflation...We may be seeing down the road a little bit of a slowdown as well," in the economy overall. Fed Vice Chair Philip Jefferson noted on Thursday that the "substantial amount of uncertainty around trade" c Show less Read more
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