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There’s hand to hand combat over who pays the tariffs. The outcome of this fight could shape economic activity in the second half of the year.
31.7.2025
The Federal Reserve announced it would keep interest rates steady, despite dissents from two members of its rate-setting committee who were appointed by President Trump. Trump has been pressuring Fed Chair Jerome Powell to cut rates, but Powell has expressed concerns about tariffs and inflation.
@GeoffRBennett speaks to @NickTimiraos for more.
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