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Tariffs are 'simply inflationary,' economist says: Here's how they fuel higher prices
Fang Dongxu/VCG via Getty Images There was an oft-repeated message in Federal Reserve chair Jerome Powell’s press conference on Wednesday: Tariffs will raise consumer prices. The U.S. central bank raised its inflation forecast for 2025, as have many economists, due to the expected impact of a trade war initiated by […]
