#PowellRemarks The President of the Federal Reserve, Jerome Powell, briefly set aside the discretion and caution expected of a central banker on Thursday to issue several warnings about the current economic course of the United States. Words that aggravated the quotes on Wall Street within seconds, intensifying its decline.
In an address at the Economic Club of Chicago, he first expressed his surprise. "The tariffs are higher than analysts expected, certainly higher than we anticipated, even in our most optimistic hypothesis," he said.