Washington, May 15, 2025 (AFP) - US Fed chair warns of potential for 'more persistent' supply shocks

NAMPA / AFP

2025-05-15

Federal Reserve Chair Jerome Powell on Thursday warned of the possibility of "more persistent" supply shocks, as US central bankers met for talks against a backdrop of uncertainty kicked up by Donald Trump's tariff rollout. The US president's on-again, off-again approach to tariffs has caused a surge in volatility, with sharp movements in both US and global financial markets. Before a de-escalation this week, steep US tariffs on China and retalia......

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