#PowellRemarks

At a tense press conference in Washington, Federal Reserve Chairman Jerome Powell did not hold back: Trump's tariffs are *already* raising prices — and this is just the beginning.

Powell warned that consumers in the U.S. will be the ones to bear the brunt, as businesses across the supply chain try to avoid costs. Inflationary pressures are rising rapidly, and Powell pointed directly at the tariffs.

"We are starting to see some effects," he said, adding that tariff charges take time to ripple through the economy. But make no mistake — they will *impact* your wallets. From manufacturer to importer to retailer, no one wants to pay. But someone will pay. And it will likely be you, the consumer.