Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth

Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth

The New York Times - Business:

Jerome H. Powell, chair of the Federal Reserve, says the central bank’s “obligation” is to ensure that a “one-time increase in the price level does not become an ongoing inflation problem.”

Colby Smith
Author: Colby Smith

This post first appeared in The New York Times - Business. Read the original article.

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