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Trump's tariffs kept Fed from cutting rates, Jerome Powell says
nbcnews.com/business/economy/trumps-tariffs-kept-fed-cutting-rates-jerome-powell-says-rcna216220
The Federal Reserve would have cut interest rates by now if President Donald Trump's tariffs weren't so substantial, central bank chief Jerome Powell said Tuesday.
Trump’s ever-changing tariff agenda has caused months of deep uncertainty for global markets and businesses. Many have…
This story appeared on nbcnews.com, 2025-07-01 21:01:53.870000.