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Powell said Trump's tariffs were partly responsible for higher prices, as the Fed held rates steady and projected weaker year-end growth and 2.8% inflation. The Fed still expected two quarter-point cuts by the end of 2025.
Tariff-driven inflation and weaker growth raise trade and macro uncertainty that can affect export demand and the dollar.
ingest.abcnews.comABC NewsMar 19, 2025After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
