Federal Reserve Chair Jerome Powell said the U.S. economy was likely to face higher prices and weaker growth than seemed possible a few weeks ago because of President Trump’s tariffs
Federal Reserve Chair Jerome Powell said the U.S. economy was likely to face higher prices and weaker growth than seemed possible a few weeks ago because of President Trump’s tariffs
Still, the Fed chair said the central bank isn’t in a hurry to cut rates. “We’re waiting for greater clarity before we consider adjustments.”
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