US Fed Chief Warns: Tariffs Could Harm Economy and Fuel Inflation, Here’s Why It Matters for Business and Consumers
The recent simultaneous sell-off of the American dollar, US bonds, and stock markets is a rare event not seen since the late 1970s, raising concerns about the stability of the US economy. Jerome Powell, chair of the Federal Reserve, pointed out that the tariffs implemented during the Trump administration are larger than anticipated, which could ...