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Fed Chair sounds alarm on tariffs - Rattner says 'stagflation' may be next
Posted
May 8, 2025
Views
79,224
Likes
2,594
Comments
114
Engagement
3.42%
May 8, 2025
79,224
2,594
114
3.42%
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2:36Now PlayingThe Federal Reserve said Wednesday it is keeping its benchmark interest rate unchanged, with Chair Jerome Powell warning that Trump’s tariffs could “generate a rise in inflation, a slowdown in economic growth and an increase in unemployment.” On #MorningJoe, Steve Rattner said the Fed now faces the risk of stagflation—and political pressure from Trump to cut rates despite rising prices.
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