Powell: Tariff levels exceed the Federal Reserve's optimistic expectations

2025-04-17 01:53:06

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ChainCatcher news, Federal Reserve Chairman Powell stated that the tariff levels exceed the Federal Reserve's optimistic expectations. The Federal Reserve must maintain stable inflation expectations; it is the Federal Reserve's responsibility to ensure that inflation expectations do not evolve into persistent inflation. Our responsibility is to ensure that this rise in inflation is only a one-time event. (Jin Ten)

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