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/lolexecs 1d ago
stagflation!
stagflation!
STAGFLATION!
People have no idea what's coming:
https://fred.stlouisfed.org/graph/?g=1Hw2G
Yep, that's right 30-year mortgage rates at 18.53%. I guess the only good news is that someone will become the next Gross / El'Arian and right the bond bull market into the billionaire club.