Powell acknowledged on Tuesday that the impact of Trump's tariffs was expected to be less dramatic than predicted in April, but told Congress that 'increases in tariffs this year are likely to push up prices and weigh on economic activity'

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.