Federal Reserve Chair Jerome Powell has indicated that tariffs are likely to have a negative impact on economic activity. Speaking at a recent event, Powell highlighted concerns that tariffs could weigh on growth by increasing costs for businesses and consumers. While the full extent of the impact remains uncertain, the remarks underscore the potential risks associated with trade policies. The statement comes amid ongoing discussions about the role of tariffs in shaping global trade dynamics. Economists and policymakers continue to assess how these measures may influence long-term economic stability.
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Tariffs Likely to ‘Weigh on Economic Activity’ Fed Chair Says – PYMNTS.com
Tariffs Likely to ‘Weigh on Economic Activity’ Fed Chair Says PYMNTS.com
