Fed Chair Jerome Powell said the Fed will bring inflation back down to 2%.
He also explained that tariffs are a major reason inflation is still higher than the Fed wants
Markets are watching closely, because this shows the problem isn’t “mystery inflation” it’s the cost pressure coming from tariffs.
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POWELL SPEAKS 🚨
Fed Chair Jerome Powell said the Fed will bring inflation back down to 2%.
He also explained that tariffs are a major reason inflation is still higher than the Fed wants
Markets are watching closely, because this shows the problem isn’t “mystery inflation” it’s the cost pressure coming from tariffs.