Reposted by Anne
“If the large increases in tariffs that have been announced are sustained, they’re likely to generate a rise in inflation, a slowdown in economic growth, and an increase in unemployment,” the Federal Reserve chair said.
This is exactly what Trump doesn’t want the American public to hear.
newrepublic.com
Federal Reserve Rings Every Alarm Bell About Trump’s Economy
Fed Chair Jerome Powell has delivered an alarming warning about Trump’s tariffs causing stagflation.