#PowellRemarks NEW: Powell vs. Tariffs – What’s Going On?
🚨 BREAKING: Fed Chair Jerome Powell has issued a warning!
🗣️ Powell says former President Donald Trump’s proposed new tariffs could bring some serious consequences:
1️⃣ Higher Inflation 📈
2️⃣ Slower Economic Growth 🐢
What does that mean?
Trump’s idea of raising tariffs (aka taxes on imported goods) might sound like a way to protect American businesses 🇺🇸, but Powell warns it could make everyday goods more expensive 🛒💸 – and that’s inflation.