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Powell Says Fed's Base Case Is Tariff-Fueled Inflation Will Be Transitory
Posted
March 19, 2025
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1:22
1:16Now PlayingFederal Reserve Chair Jerome Powell says the base case is that tariff-fueled inflation will be transitory during a news conference after the central bank’s policy-setting Federal Open Market Committee decided to hold the benchmark interest rate steady and slow the pace of reducing the balance sheet.
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