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Jerome Powell says Fed would have lowered rates already if it weren’t for tariffs

Upworthy Tuesday, 1 July 2025 ()
Were it not for tariffs, the Federal Reserve would have already cut interest rates in 2025, chair Jerome Powell said on Tuesday at a conference of central bankers. During an onstage interview at the European Central Bank Forum alongside the central bankers from England, Korea, Japan, and the…
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