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Powell Warns Trump Tariffs Could Trigger Inflation Surge and Job Losses in 2025
Powell Warns Trump Tariffs Could Trigger Inflation Surge and Job Losses in 2025
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Federal Reserve Chair Jerome Powell issued a stark warning that sustained tariff increases under Trump’s policies may create a perfect storm for the U.S. economy. Higher import costs could fuel inflation while simultaneously slowing growth and pushing unemployment upward—a rare combination that risks stagflationary pressures.
The Fed’s internal forecasts reportedly show deteriorating economic projections since the trade war escalation. Market analysts suggest cryptocurrency markets may see increased volatility as investors seek hedges against potential dollar weakness and inflationary pressures.
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