On the recordMay 6, 2025
If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth, and a rise in unemployment.
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commondreams.orgJerome Powell: “If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in…”
Editor's note · Context
Powell discusses the potential negative effects of sustained tariff increases on the economy.
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