Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth

Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth https://www.taxtmi.com/news?id=39830 Expansive import tariffs are likely to raise inflation and slow growth, heightening uncertainty as businesses delay investment. The Federal Reserve, bound by its statutory dual mandate of maximum employment and price stability, signalled a focus on containing inflation and indicated it will likely keep policy rates unchanged until the tariffs' full effects are clearer, reflecting the tension between supporting growth and combating inflation. en-us Sat, 05 Apr 2025 02:01:03 +0530 Sat, 05 Apr 2025 02:01:03 +0530 TaxTMI RSS Generator Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth https://www.taxtmi.com/news?id=39830 Expansive import tariffs are likely to raise inflation and slow growth, heightening uncertainty as businesses delay investment. The Federal Reserve, bound by its statutory dual mandate of maximum employment and price stability, signalled a focus on containing inflation and indicated it will likely keep policy rates unchanged until the tariffs' full effects are clearer, reflecting the tension between supporting growth and combating inflation. News - Sat, 05 Apr 2025 02:01:03 +0530 https://www.taxtmi.com/news?id=39830