Wed May 07 20:26:13 UTC 2025: ## Fed Chair Powell Warns Trump Tariffs Fuel Economic Uncertainty
**Washington, D.C.** – Federal Reserve Chairman Jerome Powell today expressed concern over the economic uncertainty stemming from President Trump’s tariffs, warning that they could jeopardize the central bank’s dual mandate of price stability and maximum employment. While the Fed announced it will maintain current interest rates, Powell highlighted the significant challenges posed by the ongoing trade disputes.
Powell stated that the tariffs are creating “a great deal of uncertainty” within the economy, potentially hindering growth and impacting inflation in unpredictable ways. The statement underscores growing anxieties within the Fed regarding the potential negative consequences of the trade war on the US economy. The central bank will continue to monitor the situation closely, suggesting a potential for future policy adjustments depending on the economic fallout of the trade disputes.
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