On the recordJune 24, 2025
increases in tariffs this year are likely to push up prices and weigh on economic activity
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cbsnews.comEditor's note · Context
Powell warns about the economic impact of potential tariff increases.
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More from Jerome Powell
Jun 22, 2023
So our part of it is to try to get inflation under control, and that is what we are doing, and ideally we will do that with as little as possible damage to the economy and the labor market
Jun 25, 2025
The U.S. economy was in solid shape, but warned of very high uncertainty due to the impact of tariffs.
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