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Powell: Trump has imposed tariffs far more than the Federal Reserve expected
On April 4 local time, Federal Reserve Chairperson Powell said that the Federal Reserve was shocked by the scope of tariffs imposed by US President Trump, which means that the impact of tariffs on the economy will be greater than previously thought. Powell said that the increase in tariffs will obviously be much larger than expected, and the economic impact may also be the same, including rising inflation and slowing economic growth. The scale and duration of these effects remain uncertain. It i...
2025-04-04 16:27:45
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