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Fed’s Powell Tells House Committee Tariff-Based Inflation Will ‘Show Up’
pymnts.com/economy/2025/feds-powell-tells-house-committee-tariff-based-inflation-will-show-up
Federal Reserve Chair Jerome Powell told Congress on Tuesday (June 24) that higher tariffs will likely lead to higher prices down the line – though when, and how much of, those costs might be passed along to consumers is uncertain.
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The central banker’s testimony…
This story appeared on pymnts.com, 2025-06-24 23:04:09.