#PowellRemarks 🚨 Powell Discloses: Trump's Tariffs Will Cause Trouble 🚨 The markets recently experienced a jolt thanks to Fed Chair Jerome Powell! He cautioned during yesterday's conference that Trump's proposed tariffs are important—and not in a favorable manner. >"📈 It is very likely that inflation will increase. Growth? might slow down. What is going on? Tariffs increase expenses for consumers and businesses. An impending inflation spike 🔥 The economy may cool off. The Fed, too? Keeping calm—no rate reductions as of yet ✋ Trump is actively pursuing a rate cut in the meantime. Powell, though, isn't giving up. According to him, "We'll wait for the data." The TL;DR The trend of tariffs is not positive. Markets are apprehensive. Fed wary. inflation danger increasing. Be prepared, since the storm may be about to arrive.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.