On the recordJuly 1, 2025
Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.
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newsweek.comEveryone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.
Federal Reserve Chair warns about inflation due to tariffs.
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More from Jerome Powell
Tariffs this year are likely to push up prices and weigh on economic activity.
If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.