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Fed Chair Powell says Trump tariffs delayed interest rate cuts

Name: Fed Chair Powell says Trump tariffs delayed interest rate cuts
Uploaded: 2025-07-01T15:09:00-0400
Duration: 2 min 58 s
Description: Federal Reserve Chair Jerome Powell said Tuesday the Trump administration's tariffs led the Fed to put interest rate cuts on hold. CBS News MoneyWatch correspondent Kelly O'Grady reports.

Federal Reserve Chair Jerome Powell said Tuesday the Trump administration's tariffs led the Fed to put interest rate cuts on hold. CBS News MoneyWatch correspondent Kelly O'Grady reports.