US Fed Chair Says Higher Tariffs Likely to Raise Inflation in Coming Quarters

NAMPA / Sputnik

2025-04-04

WASHINGTON, April 4 (RIA Novosti) – US Federal Reserve Chair Jerome Powell warned on Friday that the tariffs introduced by the Trump administration would likely increase inflation in the coming quarters and could also have "more persistent" effects. "Looking ahead, higher tariffs will be working their way through our economy, and are likely to raise inflation in coming quarters," Powell said at the Society for Advancing Business Editing and Writi......

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