Powell warns of bigger tariffs, bigger consequences. Fed sees rising inflation, slowing growth

Fed Chair Jerome Powell: "While uncertainty remains elevated, it is now becoming clear that tariff increases will be significantly larger than expected and the same is likely to be true of the economic effects, which will include higher inflation and slower growth." pic.twitter.com/BiybBbBTAh

— unusual_whales (@unusual_whales) April 13, 2025