#PowellRemarks
New: Powell on Tariffs - What's Happening?
🚨 Breaking: Federal Reserve Chair Jerome Powell Issues a Warning!
🗣️ Powell says that the new tariffs proposed by former President Donald Trump could have serious 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 Fed's Dilemma:
Powell is already walking a tightrope 🎪 trying to lower inflation without crashing the economy. Adding tariffs could disrupt that balance ⚖️.
What to Watch For:
📅 Markets will be watching closely.
💬 Investors are listening to every word Powell says.
📉 Any sign of rising inflation = more Federal Reserve action (like raising interest rates).
Stay tuned - the road ahead may be bumpy!
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