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Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growthARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve Chair Jerome Powell said Friday.
The Federal Reserve's Beige Book found that businesses around the U.S. are seeing costs rise due to tariffs, which will largely be passed on to consumers through higher prices. President Trump put ...
Rep. Frank Lucas said the president made the right call by stating clearly this week that he has no intention of firing the ...
Fund lowers outlook for G7 nations and major economies including China and India as trade conflict hits growth ...
The Federal Reserve will release fresh economic estimates on Wednesday. Here’s how to read the outlook for 2025 and beyond. By Colby Smith Federal Reserve officials are scheduled to release ...
Former President Trump has repeatedly criticized Federal Reserve Chair Jerome Powell, particularly regarding interest rates. Chicago Fed President Austan Goolsbee defended the Fed's independence ...
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