Powell: Tariff-induced inflation may be ‘temporary’
Bitget2025/03/19 21:37
The Federal Reserve expects inflation to be higher this year than it was last December, in part because of more retaliatory tariffs expected to be imposed on U.S. trading partners next month. But Fed Chairman Jerome Powell said that could be a temporary concern. Speaking at a news conference, Powell said inflation due to tariffs could be ‘temporary,’ but he also said further progress in reducing inflation this year could be delayed because of the tariffs.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$87,807.35
+0.29%
Ethereum
ETH
$2,053.5
-0.67%
Tether USDt
USDT
$1
+0.03%
XRP
XRP
$2.44
-0.44%
BNB
BNB
$628.8
-0.66%
Solana
SOL
$143.66
-1.34%
USDC
USDC
$1
+0.01%
Dogecoin
DOGE
$0.2013
+7.18%
Cardano
ADA
$0.7610
+0.61%
TRON
TRX
$0.2298
+0.86%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now