U.S. Federal Reserve Chair Jerome Powell s
| Photo Credit:
KEVIN LAMARQUE/Reuters
Federal Reserve Chair Jerome Powell said on Wednesday that trade policies pursued by the Trump administration will create challenges for the central bank to meet its job and inflation mandates this year.
The new trade policies represent significant change, Powell said in an appearance in Chicago.
“The effects of that are likely to move us away from our goals, so unemployment is likely to go up as the economy slows in all likelihood, and inflation is likely to go up as tariffs find their way” into the economy, Powell said. He added this will likely play out over the course of the year.
Published on April 16, 2025
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
