#PowellRemarks
Federal Reserve Chairman Jerome Powell said in a speech on Wednesday that he expects President Donald Trump's tariff campaign to push inflation.
Powell emphasized the risks of inflation and stated that the Federal Reserve will not necessarily intervene to help financial markets with lower interest rates if stocks decline.
Tariffs threaten to slow the economy while pushing inflation up, putting the Federal Reserve in a difficult position because monetary policy tools can only help solve one of these problems at a time.
It seems that the Federal Reserve is preparing for a new wave of inflation as a result of President Donald Trump's tariff campaign.