#PowellRemarks
NEW: Powell vs. Tariffs - What's Going On?
BREAKING: Fed Chair Jerome Powell has issued a warning!
Powell says former President Donald Trump's proposed new tariffs could bring some serious consequences:
1 Higher Inflation
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2 Slower Economic Growth
What does that mean?
Trump's idea of raising tariffs (aka taxes on imported goods) might sound like a way to protect American businesses but Powell warns it could make everyday goods more expensive inflation. and that's
And when prices rise too much, people spend less, businesses pull back, and the whole economy slows down
The Fed's Dilemma:
Powell is already walking a tightrope trying to bring inflation down without crashing the economy. Adding tariffs mis.. throw off that balance 1.
What to watch:
