Two Blokes

Tariffs Likely to ‘Weigh on Economic Activity' Fed Chair Says

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    Posted by Two Blokes Jun 24 - Filed in General - #TwoBlokesTrading  - 4 views
    The Federal Reserve wants more time to study the impact of tariffs before cutting rates. [contact-form-7] That's according to Jerome Powell, the central bank's chair, testifying Tuesday (June 24) that the Fed needs to see if tariffs push inflation higher before deciding on the interest rate cuts that President Donald Trump has demanded.