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.comPart of that is due to the start-stop nature of the tariffs that have been introduced.
Powell explains how fluctuating tariffs may lead to higher inflation.
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Job growth, he said, has slowed considerably and that the downside risks to employment are rising.
We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
Tariffs this year are likely to push up prices and weigh on economic activity.
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.