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Reuters

Powell Repeats Rate Cuts Can Wait as Fed Studies Tariff Impacts

2025-06-24T150055Z_123088251_RC229FAPDPGQ_RTRMADP_3_USA-FED-POWELL-CONGRESS

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Reuters

11:47 JST, June 25, 2025

WASHINGTON, June 24 (Reuters) – Higher tariffs could begin raising inflation this summer, a period that will be key to Federal Reserve consideration of possible rate cuts, Fed Chair Jerome Powell told members of Congress on Tuesday.

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