Tariffs will probably worsen inflation, Federal Reserve Chairman Jerome Powell said Wednesday, echoing widespread warnings about the impact of President Donald Trump’s trade policies, and crucially indicating tariff-related price increases may complicate the Fed from pursuing further interest rate cuts.
Read the full story on Forbes: https://www.forbes.com/sites/dereksaul/2025/04/16/trumps-tariffs-highly-likely-to-boost-inflation-says-fed-chair-powell/
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