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Federal Reserve chair blames Trump’s tariffs for preventing interest rate cuts
theguardian.com/us-news/2025/jul/01/federal-reserve-chair-blames-trump-tariffs-for-preventing-interest-rates-cut
Jerome Powell says inflationary impact of the president’s trade policies needs to be assessed before borrowing costs can be reduced
The chair of the Federal Reserve, Jerome Powell, has blamed Donald Trump’s tariffs for preventing the immediate interest rate cuts the president has…
This story appeared on theguardian.com, 2025-07-01 15:21:03.