🚨 BREAKING UPDATE
Federal Reserve Chair Jerome Powell just issued a stark warning — and it’s aimed straight at Trump’s proposed tariffs.
Here’s what Powell says we’re risking:
1️⃣ Higher Inflation 📈
2️⃣ Slower Economic Growth 🐢
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What’s Behind the Headlines?
Trump’s tariff plan — increasing taxes on imported goods — may sound like it’s meant to protect American industries 🇺🇸…
But Powell argues it could backfire, raising prices on everyday essentials like food, electronics, and household goods 🛒💸 — that’s inflation in action.
And when inflation climbs too high?
Consumers cut spending, businesses pull back, and the economy hits the brakes. Think: less hiring, fewer investments, and an overall slowdown.
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Why It Matters: The Fed’s Tightrope Act
Powell is already walking a financial tightrope 🎪 — trying to tame inflation without sending the economy into a recession.
But if tariffs fuel more inflation?
The Fed might be forced to step in again — think interest rate hikes and market turbulence ⚠️.
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What To Watch Next:
Markets are on edge — expect volatility
Investors are glued to Powell’s tone
Fed policy shifts could come quicker than expected
So yeah — things could get bumpy. Buckle up.
#trump
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