Tariffs threaten the economy!

In a striking statement, Federal Reserve Chairman Jerome Powell warned of serious repercussions from the tariffs proposed by former President Donald Trump, asserting that their implementation could deal a heavy blow to the American economy.

1️⃣ Rising inflation 📈

2️⃣ Slowing economic growth 🐢

What does that mean?

Trump's idea of increasing tariffs (i.e., taxes on imported goods) may seem like a way to protect American companies 🇺🇸,

but Powell warns that it could make everyday goods more expensive 🛒💸 – and that's inflation.

And when prices rise too much, people spend less, companies scale back their activities, and the entire economy slows down 🧊.

The Federal Reserve's dilemma:

Powell is walking a tightrope 🎪 as he tries to lower inflation without causing an economic recession.

Adding tariffs could disrupt this balance ⚖️.

What to watch for?

📅 Markets will be closely monitoring.

💬 Investors are listening intently to every word Powell says.

📉 Any sign of rising inflation = more action from the Fed (like raising interest rates).

Stay informed – the road ahead may be bumpy!