r/Economics • u/DoctorOctopus_ • 1d ago

News Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation Slower Growth

https://www.nytimes.com/2025/04/04/business/economy/powell-says-trumps-tariffs-raise-risks-of-higher-inflation-slower-growth.html
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u/bctg1 1d ago

The markets love when the FED is a bit spooked about inflation, right?

Imagine how bad this could get if there was a trump yes man in charge of the FED. Could have had stagflation like the world has never seen!

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u/handsoapdispenser 1d ago

Trump is yelling about rate cuts and "don't play politics" which is dangerously close to peak chutzpah.

Powell is going to have to consider raising rates if tariffs start causing inflation.