Powell confirms that the Fed would have lower by now had been it not for tariffs

Powell confirms that the Fed would have lower by now had been it not for tariffs

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC on June 24, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank would have easier monetary … Read more