"What we're waiting for, to reduce rates, is to understand what will happen with the tariff inflation. There's a lot of uncertainty about that," Powell said. "Someone has to pay the tariffs … between the manufacturer, the exporter, the importer, the retailer, ultimately somebody putting it into a good of some kind — or just the consumer buying it."…
https://thehill.com/business/5356881-trump-criticizes-fed-chair-powell/
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