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Fed's Powell says central bank could face 'challenging scenario' due to tariffs [Yahoo! Finance]
Last starbucks corporation earnings: 4/28 04:05 pm
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Powell said the duties on U.S. trading partners imposed by the White House are "significantly larger than anticipated," and that they are "highly likely" to lead to a temporary rise in inflation. "We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension," Powell said in prepared remarks to the Economic Club of Chicago. "If that were to occur, we would consider how far the economy is from each goal, and the potentially different time horizons over which those respective gaps would be anticipated to close." Trump's Tariffs Are Putting Consumers And Businesses In A Bind, Tech Association Warns The Fed chair also said the central bank would wait for more data on the economy's direction before changing interest rates, as it aims to reduce inflation to its 2% target. "For the time being, we are well positioned to wait for greater clarity before considering any adjustments to our policy stance," Powell said. His remarks noted a potentially tou
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- STARBUCKS ALERT: Bragar Eagel & Squire, P.C. is Investigating Starbucks Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm[GlobeNewswire]
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- Starbucks (SBUX) Valuation Check as Niccol's Overhaul, Barista Strike and China Push Reshape Investor Expectations [Yahoo! Finance][Yahoo! Finance]
- Is Starbucks' Expansion Amid Strikes and New Dividend Altering The Investment Case For Starbucks (SBUX)? [Yahoo! Finance][Yahoo! Finance]
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