Fed Chair Quotes Ferris Bueller to Expose Truth About Trump’s Tariffs

The head of the Federal Reserve made some of his most forceful comments yet Wednesday about the president’s tariffs, suggesting that they would force the central bank into a sticky situation. In his remarks at the Economic Club of Chicago on Wednesday, Jerome Powell explained that while there’s no immediate need to cut interest rates, trade disruptions caused by President Donald Trump will likely complicate the central bank’s path forward. “As...