Powell Warns of Tariff Impact on Inflation and Employment

According to BlockBeats, Federal Reserve Chairman Jerome Powell has expressed concerns over the significant impact of tariffs, which have been larger than anticipated. He stated that if the announced tariff increases persist, it could lead to higher inflation and lower employment rates. The ability to avoid sustained inflation will depend on the scale, duration, and inflation expectations related to these tariffs. source: https://www.binance.com/en/square/post/23937138575474?utm_source=BinanceNewsRSS