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Fed chair warns Trump's tariffs will worsen inflation and lower economic growth
Federal Reserve Chairman Jerome Powell warned Friday that Trump's strict tariffs will worsen inflation and lower economic growth. As a result, the Fed won't change interest rates for now.
Fed chair says Trump tariffs will likely raise inflation, slow economy
U.S. Fed Chair Jerome Powell says the Trump administration's expansive new tariffs will likely lead to higher inflation and ...
Reuters2d
Fed's Powell says larger-than-expected tariffs mean higher inflation
Federal Reserve Chair Jerome Powell said on Friday (April 4) that President Donald Trump's new tariffs are "larger than expected" and the economic fallout including higher inflation and slower growth ...
ABC News2d
Fed Chair Powell says he expects Trump's tariffs will hike inflation and slow growth
Fed Chair Jerome Powell said Friday he expects President Donald Trump's tariff policy to hike prices and slow economic growth, while noting that key economic indicators "still show a solid economy." ...
Powell Says Trump’s Tariffs Raise Risks of Faster Inflation and Slower Growth
Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase ...