#PowellRemarks Chairman Fed Powell Drops a Bomb on Trump Tariffs and Inflation ๐Ÿšจ๐Ÿšจ

In a tense press conference in Washington, Federal Reserve Chairman Jerome Powell did not hold back: Trumpโ€™s tariffs *have already* raised prices โ€” and this is just the beginning.

Powell warned that U.S. consumers will be the ones bearing the burden, as businesses across the supply chain try to avoid costs. Inflationary pressures are rapidly building, and Powell pointed directly to tariffs.

"We are starting to see some effects," he said, adding that tariffs take time to filter through the economy. But make no mistake โ€” they *will* hit the wallet. From producers to importers to retailers, no one wants to pay. But someone will pay. And that person is likely you, the consumer.

Even with rising inflation, the Fed is keeping interest rates steady at 4.25%-4.5%. They are still planning two cuts for 2025, but Powell was very clear: dot plots are not a promise. They are a forecast.