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Powell Suggests Tariff Elimination Could Help Achieve 2% Inflation Target

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Federal Reserve Chair Jerome Powell said removing tariffs could help reach the 2% inflation target by lowering import costs. He noted tariffs act as taxes, raising prices for businesses and consumers. Powell suggested easing these could ease inflation. With BTC as hedge against inflation in focus, investors watch for policy shifts. The Fed’s stance may also influence CFT (Countering the Financing of Terrorism) efforts as trade policies evolve.
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