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Trump tariffs: Fed chief Jerome Powell delivers stark warning

IndiaTimes Thursday, 17 April 2025 ()
Federal Reserve Chair Jerome Powell cautioned that President Trump's tariffs could fuel inflation and hinder economic growth, creating a dilemma for the Fed's dual mandate. Markets reacted negatively, with stocks falling as investors perceived Powell's stance as more hawkish than anticipated. The Fed is currently in a wait-and-see mode, navigating uncertainty caused by trade policy shifts.
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