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Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
The president wants an interest-rate cut, but his trade war has the Fed chair boxed in.
Traders on Wednesday kept bets on Federal Reserve rate cuts this year after Fed Chair Jerome Powell said the U.S. central ...
Speaking in Chicago, Powell emphasized the need for “greater clarity” before adjusting rates, highlighting risks tied to Trump’s own tariff proposals, which could fuel inflation. New York ...
4don MSN
The Federal Reserve could face the “challenging scenario” of rising inflation at the same time the U.S. labor market is ...
U.S. Federal Reserve Chair Jerome Powell said on Wednesday the Fed would wait for more data on the economy's direction before ...
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