Powell: The impact of tariffs on U.S. inflation could be more lasting
2025-04-16 17:50:09
Jerome Powell, chairperson of the Federal Reserve, said in a speech that the impact of tariffs on US inflation could be more lasting and that the economic impact of tariffs could be greater than expected. Tariffs could lead to at least temporary inflation. It must be ensured that rising prices do not lead to sustained inflation. The Fed has an obligation to keep inflation expectations stable.
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