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Jerome Powell said...

In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.

Context

Powell explains the Fed's decision-making in response to Trump's tariffs.

07/01/2025

https://www.nbcnews.com...

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Jerome  Powell
in office

usa, District of Columbia

496 Quotes

PartyRepublican

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