Fed's Powell: tariffs are expected to raise inflation

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  Posted by Two Blokes Apr 17 - Filed in General - #TwoBlokesTrading  - 5 views
  
  In his prepared opening remarks, Powell again stressed the central bank's focus on preventing potential tariff-driven price hikes from triggering a more persistent rise in inflation. “Our obligation is to keep longer-term inflation expectations well-anchored and to make certain that a one-time increase in the price level does not become an ongoing inflation problem,” Powell said.