#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:
1️⃣ Higher Inflation 📈
2️⃣ 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 🛒💸 – and that’s inflation.
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 might throw off that balance ⚖️.
What to watch:
📅 Markets will be watching closely.
💬 Investors are listening to every word Powell says.
📉 Any sign of increased inflation = more Fed action (like rate hikes).
Stay tuned – the road ahead could get bumpy!
