Fed chair says Trump tariffs could make inflation worse as US stocks slide further

Fed chair says Trump tariffs could make inflation worse as US stocks slide further

The US Federal Reserve chair, Jerome Powell, warned Donald Trump’s tariffs were generating a “challenging scenario” for the central bank and were likely to worsen inflation.

Powell’s comments on Wednesday came US stock markets had already…

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https://www.theguardian.com/technology/2025/apr/16/us-trade-restriction-on-nvidia-sends-markets-tumbling