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Fed Governor Kugler: Tariff impact begins to be transmitted, it is appropriate not to cut interest rates

By: odaily.com|2025/07/17 14:41:39

Odaily News Federal Reserve Board member Kugler said on Thursday that the Fed should not cut interest rates for some time because the impact of the Trump administrations tariffs is beginning to be transmitted to consumer prices, and a tight monetary policy is needed to control inflation expectations. (Jinshi)

White House Budget Director: US President Trump has made it clear that he is unlikely to fire Federal Reserve Chairman Powell
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