Powell Admits He Was Wrong About Tariffs and Inflation

Federal Reserve chairman acknowledges tariffs create only one-time price adjustments, not inflation spirals, as calls grow for aggressive 100 basis point rate cuts.

Aug 27, 2025 - 09:30
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Powell Admits He Was Wrong About Tariffs and Inflation
Federal Reserve chairman acknowledges tariffs create only one-time price adjustments, not inflation spirals, as calls grow for aggressive 100 basis point rate cuts.

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