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US Fed chief: Tariffs will raise inflation
US tariffs will likely cause inflation to rise and growth to slow, Federal Reserve (Fed) Chairman Jerome Powell said on Friday, also warning of an "elevated" risk of higher unemployment. President ...
US stock market wipes out over $5 trillion on Donald Trump’s tariff war; ‘More pain is coming’
Donald Trump administration’s tariffs “could have a persistent impact on inflation," warned Federal Reserve Chairman Jerome ...