On the recordApril 3, 2025
Looking ahead, higher tariffs will be working their way through our economy and are likely to raise inflation in coming quarters.
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cbsnews.comEditor's note · Context
Powell discusses the future economic effects of tariffs.
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More from Jerome Powell
Jul 6, 2025
When you significantly slow the growth of the labor force, you will slow the growth of the economy.
Jun 30, 2025
Tariffs this year are likely to push up prices and weigh on economic activity.
Jul 1, 2025
As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.
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