calcalist.co.il (nprofile…m2lw)
✍️ Federal Reserve Chairman Jerome Powell expressed concerns about the potential dilemma between controlling inflation and supporting economic growth, as the US economy slows down.
👉 Powell expressed concerns about the potential dilemma between controlling inflation and supporting economic growth
👉 The US economy is slowing down, with growth expected to be low in the first quarter
👉 Trump's tariffs could lead to a decline in economic growth and an increase in inflation
👉 The Fed is committed to keeping interest rates stable and employment high
👉 The Fed is monitoring the situation closely and will adjust its policy as needed
#JeromePowell #DonaldTrump #Chicago #Virginia #economy
quotingcalcalist.co.il (nprofile…m2lw)
nevent1q…0kea
The Chairman of the Federal Reserve of the United States, Jerome Powell, expressed deep concern about the negative impact of Trump's tariffs on economic growth and the Federal Reserve's ability to control inflation; according to him, it is unclear which of the two mandates - maintaining the labor market and maintaining price levels - the Fed will need to prioritize.
https://www.calcalist.co.il/market/article/r1rb11otc1x