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Federal Reserve cuts US growth forecast as Trump’s policies weigh on outlook

Financial Times   •
©The Financial Times Limited 2020 Mar 20, 2025 / 12:33 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

Central bank also lifts inflation projection as chair Jay Powell warns of tariff impact

Fed chair Jay Powell acknowledged to reporters after the meeting that Trump’s plans to impose sweeping tariffs on US trading partners had affected the central bank’s outlook for inflation and the economy

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