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Fed Chair Says Trump Tariffs Could Worsen Inflation

new video loaded: Fed Chair Says Trump Tariffs Could Worsen Inflation

By The Associated PressApril 16, 2025

Jerome H. Powell, the chair of the Federal Reserve, stressed that the tariffs announced so far go well beyond what the Fed had expected even in its worst-case scenario.

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Powell Warns Trump Tariffs Could Trigger Higher Inflation and Slower Growth