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'Higher inflation and slower growth': Powell warns of tariff impact
This version of Fed Chair Powell Says Trump S Tariffs Will Lead To Higher Inflation And Slower Growth 237584453503 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
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Federal Reserve Chairman Jerome Powell said President Trump's "significantly larger than anticipated" tariffs will likely lead to "higher inflation and slower growth" while speaking at the Economic Club of Chicago.April 16, 2025
