Fed Chair Admits That Trump's Tariffs Are Wrecking Everything
July 3, 2025
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4:39Now PlayingFed Chair Admits That Trump's Tariffs Are Wrecking Everything
YouTube Description
as posted by the channelFederal Reserve chair Jerome Powell admitted this week that the Fed would have lowered interest rates by now if it weren't for Donald Trump's on-again, off-again tariffs. The tariffs have increased the threat of a recession, which means the Fed has to keep interest rates high in order to help stave off the inevitable for as long as possible. If these threats weren't there, consumers would have a much easier time borrowing money for major purchases. Farron Cousins explains what's happening.
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