Federal Reserve Chair Powell Stunned by Trump’s Tariffs: Economic Impact on Inflation and Growth Revealed

In a recent address, Federal Reserve Chair Jerome Powell expressed concerns regarding the extensive tariffs implemented by President Trump. He noted that the repercussions for the economy could surpass initial estimates, hinting at a potential for inflationary pressures to escalate alongside a slowing economic growth trajectory. Powell revealed that the increased scale of tariffs has generated significant uncertainty in the market, which could lead to a downturn. Despite his cautious outlook, he refrained from speculating about a forthcoming recession. However, Powell underscored that the prevailing trade policy uncertainty is increasingly affecting business confidence. As forecasts point toward rising recession risks, investors are advised to remain vigilant and assess the macroeconomic landscape closely, particularly in relation to monetary policy adjustments aimed at balancing inflation and economic stability.