Fed Chair Jerome Powell warns that Trump's tariffs could mean higher inflation and slower growth
Federal Reserve Chairman Jerome Powell said Friday that he expects President Donald Trump’s tariffs to raise inflation but ...
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'Significantly Larger Than Expected': As Tariffs Take Hold, Fed Head Warns Of Higher Inflation, Slower Growth
Powell said the economy is in a “good place,” but the central bank will need to wait and see how the tariffs play out before making adjustments.