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Federal Reserve Chairman Powell: If Significant Tariff Increases Persist, Higher Inflation and Lower Employment Will Occur

Federal Reserve Chairman Powell: If Significant Tariff Increases Persist, Higher Inflation and Lower Employment Will Occur

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星球日报星球日报2025/05/07 19:09

Federal Reserve Chairman Powell: Tariffs have been much larger than expected so far. If the significant tariff increases as announced continue, there will be higher inflation and lower employment.

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