Fed's Powell Blames Trump Tariffs for Delaying 2025 Rate Cuts
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币界网报道：Federal Reserve Chair Jerome Powell indicated that Trump-era tariffs are contributing to persistent inflation, potentially delaying anticipated rate cuts until 2025. Speaking at a Senate hearing, Powell noted that trade restrictions and supply chain disruptions have kept prices elevated despite cooling demand. He emphasized the Fed remains data-dependent but acknowledged external factors like tariffs complicate inflation control. Markets now expect fewer rate reductions this year as policymakers weigh economic resilience against lingering price pressures. The comments come amid debates over whether the U.S. is entering a period of structurally higher inflation.
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