Trump's tariffs "highly likely" to reignite inflation, Fed chair Powell says

Trump’s tariff gamble backfires as Fed Chair Jerome Powell issues stark economic warning

President Donald Trump’s ongoing tariff strategy faced a serious rebuke this week, as Federal Reserve Chair Jerome Powell delivered a sober warning about the administration’s trade policies — and the economic turbulence they are fueling.Speaking Wednesday at the Economic Club of Chicago, Powell didn’t mince words. He warned that the White House’s escalating tariffs are “highly likely” to drive up inflation and slow economic growth. Financial mar…

Ingore Tariff Panic. Trump Has Crushed Inflation

Trump tariffs mean US Federal Reserve faces “conundrum”

“The tariffs are stagflationary, so slower growth and higher inflation.”

Victor David Hanson and His Blatant Smoot-Hawley Strawman

Clifford Thies, AIER Economists don't claim that tariffs caused the Great Depression, but tariffs make bad times worse.

Fed chair won’t take orders from Trump—and that’s got Trump fuming

President Donald Trump erupted at Federal Reserve Chair Jerome Powell—again—after he correctly warned that Trump’s chaotic tariffs would fuel inflation and drag down the economy. Speaking Wednesday at the Economic Club of Chicago, Powell said that the...

Fed’s Williams sees no looming need to change monetary policy – Fox Business

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams said Thursday he sees no imminent need for a change in central bank interest rate policy as Trump administration tariffs are likely to drive up inflation, weaken growth and push up unemployment. “I think monetary policy is well positioned,” Williams said in an interview on television channel Fox Business. “I don’t see any need to change the setting o…