Federal Reserve Chief Says Trump Tariffs Likely to Raise Inflation and Slow U.S. Economic Growth

The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome Powell said Friday.

Federal Reserve Chief Says Trump Tariffs Likely to Raise Inflation and Slow U.S. Economic Growth

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Federal Reserve Chief Says Trump Tariffs Likely to Raise Inflation and Slow U.S. Economic Growth

Description

Related Videos

Federal Reserve Chair Says Trump Tariffs Are "Highly Likely" to Raise Inflation

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