#PowellRemarks New: Powell Against Tariffs - What’s Happening?

🚨 Urgent: Federal Reserve Chairman Jerome Powell issued a warning!

🗣️ Powell says the new tariffs proposed by former President Donald Trump could have severe consequences:

1️⃣ Rising inflation 📈

2️⃣ Slowing economic growth 🐢

What does that mean?

Trump's idea of raising tariffs (or taxes on imported goods) may seem like a way to protect American companies 🇺🇸, but Powell warns that it could increase the cost of everyday goods 🛒💸 - and that is inflation.

When prices rise excessively, people spend less, companies pull back, and the entire economy slows down 🧊.

The Federal Reserve's Dilemma:

Powell is already walking a tightrope 🎪 trying to reduce inflation without collapsing the economy. Adding tariffs may disrupt that balance ⚖️.