US stocks, dollar slide as Powell warns tariffs li... France 24

US stocks, dollar slide as Powell warns tariffs likely to spur inflation

Source: France 24 | Published: April 16, 2025, 10:12 p.m.

Wall Street traders returned to selling Wednesday, pushing stocks lower as Federal Reserve Chair Jerome Powell’s cautious remarks that tariffs are likely to fuel a rise in inflation. The Nasdaq finished down more than three percent.
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