In a recent speech, Fed Chair Jerome Powell expressed concerns about balancing inflation control and economic growth amid uncertainties from tariffs. With inflation expectations rising, he hints at potential policy adjustments.
The Federal Reserve has cut its growth forecast, citing President Trump's tariffs as a key factor driving up prices. With inflation expectations rising, the Fed remains cautious about future economic policies.
Survey shows U.S. consumer confidence at a 3-1/2 year low due to economic concerns under Trump's administration. Tariffs, layoffs, and inflation fears contribute to growing pessimism.
