#PowellRemarks **Powell Breaks Silence: Trump's Tariffs = Trouble Ahead đš**
Fed Chair Jerome Powell made waves at yesterday's conference, warning that Trump's new tariffs could have serious consequences.
> âđ Inflation is likely to rise, and growth could slow down.â
What's going on?
- Tariffs = higher costs for both businesses and consumers.
- Expect an inflation spike đ„
- The economy might cool off âïž
- The Fed? Staying steady â no rate cuts for now â
Meanwhile, Trump is pushing hard for a rate reduction, but Powell remains firm: âWeâll wait for the data.â
**TL;DR:**
Tariffs are causing concern, and the markets are nervous. The Fed is cautious, inflation risks are rising, and the storm might just be beginning. Brace yourself!