Tariffs Are Keeping Interest Rates High

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Tariffs Are Keeping Interest Rates High

reason.com/2025/06/25/tariffs-are-keeping-interest-rates-high

Interest rates may have fallen this year, if not for the uncertainty and higher costs created by President Donald Trump's tariff schemes.
Federal Reserve Chairman Jerome Powell told a House committee on Tuesday that the central bank likely would have "continued cutting" interest rates…

This story appeared on reason.com, 2025-06-25 19:05:13.