# Trump tariffs partly to blame for higher prices: Fed Chair Powell - ABC News

> 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.

- Date: 2025-03-19 · published 2025-03-19T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/25477-trump-tariffs-partly-to-blame-for-higher-prices-fed-chair-powell-abc-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Tariff-driven inflation and weaker growth raise trade and macro uncertainty that can affect export demand and the dollar.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-01-28 | [Fed holds rates as window for another Powell cut begins to close - Moneyweb](https://feedsoft.ai/events/20965-fed-holds-rates-as-window-for-another-powell-cut-begins-to-close-moneyweb.md) | +0.4% | +0.3% |
| DXY | 2021-10-22 | [Powell says inflation risks rising, but Fed can be 'patient' \| AP News](https://feedsoft.ai/events/44436-powell-says-inflation-risks-rising-but-fed-can-be-patient-ap-news.md) | -0.2% | +1.4% |
| DXY | 2026-10-01 | [British Pound edges higher to near 1.3250, renewed UK fiscal concerns in focus](https://feedsoft.ai/events/17743-british-pound-edges-higher-to-near-1-3250-renewed-uk-fiscal-concerns-in-focus.md) | +0.2% | +0.6% |
| DXY | 2025-03-19 | [US Fed meeting: ⁠How will FOMC meeting impact gold and crude oil prices? \| Stock Market News](https://feedsoft.ai/events/25475-us-fed-meeting-how-will-fomc-meeting-impact-gold-and-crude-oil-prices-stock.md) | +0.5% | -1.4% |
| DXY | 2025-03-19 | [Federal Reserve cuts US growth forecast as Trump tariff fears increase](https://feedsoft.ai/events/25472-federal-reserve-cuts-us-growth-forecast-as-trump-tariff-fears-increase.md) | +0.5% | -1.4% |

## Sources

- ingest.abcnews.com: https://ingest.abcnews.com/Business/fed-set-make-interest-rate-decision-outbreak-trade/story?id=119905993

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.