upcoming Powell testimony
Looking Ahead to Rising U.S. Tariffs, Chairman Powell’s Congressional Testimony and a Round of U.S. Price Data
February 10, 2025
(205) President Trump will reportedly be announcing tariff hikes on multiple days this week, starting today with a likely 25% levy on all imports of steel and aluminum. Consistent with previous positive dollar reactions to threatened or actual rising tariffs, the U.S. currency appreciated overnight by 0.4% against the loonie, 0.3% relative to the Chinese […] More
