Powell warns Trump tariffs, risks are 'significantly larger than expected'

Trump Tariffs Erode $5 Trillion In Market Cap In 2 Days As China Retaliates, Jerome Powell Warns Of Inflation - NVIDIA (NASDAQ:NVDA)

The U.S. markets saw severe downturn as tensions between U.S. & China escalated due to new tariffs by Trump.

US stock markets continue slump as China hits back on Trump tariffs

Top indices see worst two-day stretch since COVID pandemic, as Fed chair warns of increased inflation and unemployment.

Fed's Powell says larger-than-expected tariffs likely to boost inflation

Powell spoke as equity markets from Tokyo to London to New York continued a swoon that has wiped some 10% off major US stock indexes since Trump announced a raft of new tariffs.

Fed Chair: Inflation Is Down But There Is a Warning

Fed Chair Jerome Powell said Friday that the Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth. Powell said that the tariffs, and their likely impacts on the economy and inflation, are “significantly larger than expected.” He also said that the import taxes are “highly likely” to lead to “at […] The post Fed Chair: Inflation Is Down But There Is a Warning appeared first on www.independentsentinel…

The US Federal Reserve (Fed) claims that Trump's tariffs can bring higher inflation and lower economic growth.

Fed chair says 'larger than expected' tariffs to result in higher inflation

'While tariffs are highly likely to generate at least a temporary rise in inflation, it is also possible that effects could be more persistent,' Jerome Powell says - Anadolu Ajansı