On the recordJune 27, 2025
Part of that is due to the start-stop nature of the tariffs that have been introduced.
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cbsnews.comEditor's note · Context
Powell explains how fluctuating tariffs may lead to higher inflation.
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It is well past time we all have an adult conversation about fiscal responsibility.
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From my standpoint, it’s not complicated. What everyone on the [Federal Open Market Committee] wants is a good, solid American economy with strong labor market and price stability. That’s what we want.
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Many, many companies do expect to put all or — some of the effect of tariffs through to the next person in the chain, and ultimately, to the consumer.
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