Jerome Powell’s warning on Trump’s tariffs: There’s no ‘modern experience of how to think about’ the White House’s trade policy

Jerome Powell’s warning on Trump’s tariffs: There’s no ‘modern experience of how to think about’ the White House’s trade policy

During a speech at the Economic Club of Chicago, Federal Reserve Chair Jerome Powell said the central bank was focused on ensuring price increases caused by President Donald Trump’s tariffs didn’t persist.

Jamie Kelter Davis—Bloomberg/Getty Images

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