'Higher inflation and slower growth': Powell warns of tariff impact

Federal Reserve Chairman Jerome Powell said President Trump's "significantly larger than anticipated" tariffs will likely lead to "higher inflation and slower growth" while speaking at the Economic Club of Chicago.

Apr 16, 2025 - 22:30
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'Higher inflation and slower growth': Powell warns of tariff impact
Federal Reserve Chairman Jerome Powell said President Trump's "significantly larger than anticipated" tariffs will likely lead to "higher inflation and slower growth" while speaking at the Economic Club of Chicago.

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