On the recordApril 17, 2025
Tariffs could lead to inflation, economic slowdown.
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cbsnews.comTariffs could lead to inflation, economic slowdown.
Powell warns about the economic impact of the Trump administration's trade war.
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Job growth, he said, has slowed considerably and that the downside risks to employment are rising.
If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
Rising downside risks to employment have shifted our assessment of the balance of risks