"Likely to generate inflation": Fed Chair Powell paints bleak picture of US under Trump tariffs

salon.com/2025/05/07/likely-to-generate-inflation-fed-chair-powell-paints-bleak-picture-of-us-under-tariffs

Jerome Powell hasn't offered Donald Trump any slack during his second term, but he's certainly giving the president enough rope.
The Federal Reserve chair once again refused to lower key interest rates as economic uncertainty around Trump's tariff scheme has slowed the American economy.…

This story appeared on salon.com, 2025-05-09 03:23:49.836000.
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