April 17, 2025 1:07 PM April 17, 2025 1:07 PM
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US Fed Chairman warns of lasting economic consequences due to Trump’s tariff policy
US Federal Reserve Chairman Jerome Powell warned that Donald Trump’s sweeping reciprocal tariff policy is likely to increase inflation, despite the President’s earlier promises to lower prices upon taking office. Speaking at an event hosted by the Economic Club of Chicago last night, Powell noted th...