Jerome Powell Warns of Inflation Risks: US Federal Reserve Chairman Jerome Powell has warned that President Trump's reciprocal tariff policy could lead to higher inflation and slower economic growth:

Jerome Powell Warns of Inflation Risks: US Federal Reserve Chairman Jerome Powell has warned that President Trump's reciprocal tariff policy could lead to higher inflation and slower economic growth:

Daily Current Affairs   /   Jerome Powell Warns of Inflation Risks: US Federal Reserve Chairman Jerome Powell has warned that President Trump's reciprocal tariff policy could lead to higher inflation and slower economic growth:

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Category : Business and economics Published on: April 21 2025

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  • US Federal Reserve Chairman Jerome Powell warned that Donald Trump’s sweeping reciprocal tariff policy is likely to increase inflation.
  • Powell noted that the announced tariff hikes are significantly larger than expected. He warned that the economic consequences such as higher inflation and slower growth are likely to follow.
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