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flag Fed Chair Jerome Powell warns Trump's tariffs could raise inflation and slow the economy.

flag Federal Reserve Chair Jerome Powell warned that President Trump's tariffs are likely to cause higher inflation and slower economic growth. flag The tariffs, larger than anticipated, are expected to increase prices on goods, as indicated by a poll showing 75% of Americans believe prices will rise. flag This could lead to market volatility and make it challenging for the Fed to balance its goals of stable prices and full employment.

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