Powell Warns: Trump’s Tariffs Could Trigger Inflation & Slower Growth
Fed Chair Jerome Powell says Trump’s new tariffs are "larger than expected", and the economic fallout could be worse than projected.
Key Takeaways:
Inflation rising, growth slowing = stagflation risk
Markets down 10% since tariff announcement
China hits back with 34% tariffs + critical mineral export limits
Fed remains cautious, but closely watching the data
Powell says the Fed won’t rush rate moves — but the uncertainty is real.
What it means for crypto?
TradFi volatility often drives more interest into Bitcoin and digital assets as hedges. Watch this space…