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Interest rates would have been cut, if not for Trump’s tariffs, Fed chair says
Amid a battle with the president, who has been pressuring the Fed to cut interest rates, Powell said they had to re-evaluate their plans for interest rates once inflation forecasts went up after April’s so-called “Liberation Day” tariffs.
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
Jerome H. Powell, chair of the Federal Reserve, has been at odds with President Donald Trump’s stance on lowering interest ...
Federal Reserve Chair Jerome Powell said the central bank would have likely already moved to lower borrowing costs if it ...
The U.S. central bank would likely have begun cutting interest rates again if not for the levy plan, the Fed chief said.
The Federal Reserve would likely have lowered interest rates this year if it weren’t for President Donald Trump’s significant policy changes, Chair Jerome Powell said Tuesday.
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