#PowellRemarks At a tense press conference in Washington, Federal Reserve Chairman Jerome Powell did not hold back: Trump's tariffs are *already* raising prices — and this is just the beginning.

Powell warned that consumers in the U.S. will be the ones to bear the brunt, as businesses across the supply chain try to avoid costs. Inflationary pressure is rapidly increasing, and Powell pointed directly to the tariffs.

"We are starting to see some effects," he said, adding that tariff fees take time to reflect in the economy. But make no mistake — they will *impact* your wallets. From the manufacturer to the importer to the retailer, no one wants to pay. But someone will pay. And, likely, it will be you, the consumer.