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‘Powell Drops Bombshell’: White House Panic as Trump's Tariffs Drive Higher Costs and Risk Fewer Jobs
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‘Powell Drops Bombshell’: White House Panic as Trump's Tariffs Drive Higher Costs and Risk Fewer Jobs
Federal Reserve Chair Jerome Powell delivered a stark assessment of US President Trump’s sweeping tariff policies, asserting they have materially increased inflationary pressures, raised consumer costs and complicated the central bank’s ability to sustain maximum employment. ContentsTariff Policy Meets Monetary RealityHousehold Costs and Economic StrainMarket Reactions and Policy Pressures Powell’s statements, made during a highly […]
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