Federal Reserve Chairman Jerome Powell has implied that US President Donald Trump’s “reciprocal” tariffs are “substantially larger than anticipated” and likely to generate a rise in inflation, hamper economic growth and cause more unemployment, with the US central bank holding key interest rates unchanged in the 4.25-4.5 per cent range as widely expected.
Fed Chair Jerome Powell warned of worsening inflation, slowing growth and rising unemployment due to higher-than-expected tariffs.
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Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.