{"id":338646,"date":"2025-12-11T08:42:14","date_gmt":"2025-12-11T08:42:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/338646\/"},"modified":"2025-12-11T08:42:14","modified_gmt":"2025-12-11T08:42:14","slug":"feds-powell-says-inflation-overshoot-caused-by-trump-tariffs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/338646\/","title":{"rendered":"Fed&#8217;s Powell says inflation overshoot caused by Trump tariffs"},"content":{"rendered":"\n<p class=\"yf-1090901\">Dec 10 (Reuters) &#8211; Federal Reserve Chair \u200bJerome Powell \u200csaid Wednesday that the \u200ccurrent overshooting of the central bank&#8217;s 2% inflation \u2060target \u200cis mostly the result of \u200dPresident Donald Trump&#8217;s import tax hikes.<\/p>\n<p class=\"yf-1090901\">&#8220;It&#8217;s \u200breally tariffs that \u200care causing the most of the inflation overshoot,&#8221; Powell said after \u2060the latest \u200bFed meeting, \u200breiterating his expectation the tariff \u200dimpact \u2060on inflation is likely to \u2060be a &#8220;one-time price increase.&#8221;<\/p>\n<p class=\"yf-1090901\">(Reporting \u200cby Michael \u200cS. Derby)<\/p>\n","protected":false},"excerpt":{"rendered":"Dec 10 (Reuters) &#8211; Federal Reserve Chair \u200bJerome Powell \u200csaid Wednesday that the \u200ccurrent overshooting of the central&hellip;\n","protected":false},"author":2,"featured_media":338647,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46,148484,104047,135,1375,862],"class_list":["post-338646","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy","tag-fed-meeting","tag-federal-reserve-chair","tag-inflation","tag-jerome-powell","tag-president-donald-trump"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/338646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=338646"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/338646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/338647"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=338646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=338646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=338646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}