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The presidentâs tariffs are specifically to blame for projected increases in inflation and unemployment, says Federal Reserve Chairman Jerome Powell.
Fed Chair Jerome Powell said âeverybody is forecasting some inflation effect from tariffs.â
The editorial board of Rupert Murdochâs WSJ hits Trump where it hurts.
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The rally crowd was reacting to a reporter asking the Republican vice presidential nominee for his reaction to the Fedâs half-point interest rate cut.
The interest-rate setting body has not cut rates so close to an election since 1992.
âGiven the resilience of the economy recently, they are no longer forecasting a recession,â Federal Reserve Chair Jerome Powell said Wednesday.
The pranksters claim to have also duped Canadian Prime Minister Justin Trudeau and Elton John in the past.
The U.S. economy has shrunk for a second consecutive quarter.
Employees were reportedly threatened as Chinese officials sought to obtain secret information.
Despite the central bank facing the highest inflation rate in decades, Powell received vast bipartisan support.
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