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Tariffs likely to cause higher inflation and slower growth, Powell warns

“While uncertainty remains elevated, it is now becoming clear that the tariff increases will be significantly larger than expected. The same is likely to be true of the economic effects, which will include higher inflation and slower growth.”

— Federal Reserve Chair Jerome H. Powell
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Captain · 61-69, M
And another reason it wont make America great again - youre a smart woman - you must be pulling your hair out at the monent ! MySympathies, and Im saying that but Europe will be affected even worse (at least in the short term, US in the long term now for sure unless you actually get rid of him and his semi house trained pole cat. To think he may have a third term and then... if he breaks the rules once, does he become a Putin ??
@Captain He already is a Putin.
Captain · 61-69, M
@SomeMichGuy Thats why they have such a love in and then a row - thet're either twins or married. I never figured that one out before
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Captain · 61-69, M
@SomeMichGuy Well I think there on there way to destroying 350 million plus the whjole of Europe so they should be breaking out the champnge down in Florida "real soon" as you guys put it.
@Captain They will destroy us all and help Putin some, but help China a lot.
Captain · 61-69, M
@SomeMichGuy Thats the irony of all the - the Ukraine war and the Trumponomiics will just hasten the ascent of India nad China
@Captain Undoubtedly.

DJT is gleefully digging our grave.
Captain · 61-69, M
@SomeMichGuy Lets hope so
@SomeMichGuy OUR grave, not his...

I think he is in some ways clueless and believes his own lies...
Captain · 61-69, M
@SomeMichGuy I will go with he believes his own rhetoric - and if you dont allow criticism and ruin a dictatorship thats where you go
@SomeMichGuy …or worse
@SomeMichGuy …he is in all ways clueless!