On the recordMarch 18, 2025
Inflation has started to move up.
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cbsnews.comInflation has started to move up.
Powell notes rising inflation partly due to tariffs.
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Job growth, he said, has slowed considerably and that the downside risks to employment are rising.
If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.
without the ability to pay interest on reserves, the Fed would lose control over rates