Jerome Powell sounds warning on Trump’s tariffs: ‘Highly likely’ to raise prices, ‘continued volatility’ in the markets, and the looming threat of stagflation

Biztoc.com - April 16, 2025

Jerome Powell sounds warning on Trump’s tariffs: ‘Highly likely’ to raise prices, ‘continued volatility’ in the markets, and the looming threat of stagflation

Inflation could rise and growth could slow as a result of President Donald Trump’s tariff policies, according to Federal Reserve chair Jerome Powell. During a speech on Wednesday, Powell said the Fed’s top goal was keeping price increases from Trump’s tariffs…

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