Fed's Powell Says Trump Tariffs Were Larger Than Expected

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Federal Reserve Chair Jerome Powell says President Donald Trump's tariffs were "larger than we expected, even in our upside case." He says now keeping inflation under control is one of their top priorities. He speaks at the Economic Club of Chicago.
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Not long ago, I was talking to someone who used to stress out every time new trade tariffs or policy changes hit the news. Back then, they were constantly adjusting, reacting, and trying to keep up with all the economic rules that kept shifting. But this time, they seemed completely unfazed.

martinsriggs
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He just said we’re going to see stagflation = Stagnant growth along with price inflation.

knowclub-dn
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Republicans aren't going like this guy. He is well informed, knows what he's talking about and tells the truth.

SurfSailKayak
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Get rid of this maniac emperor and Vance .Its hard to believe Al, the powerful men in this country can’t get rid of this regime .

Peter-jvvg
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Dumber than expected, crazier than expected. Implemented worse than expected..

DeadCat-
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Yeah stagflation is coming.

Deflation would be worse

TheAlchemist
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We the American people are sick and tired of being taken advantage of!!!

dono
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I love Jerome, he always says what's fair to say

jelly_fischer
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He has just announced that we are going into are recession without people knowing.

sungankhowani
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0:26." some part of the tariff come to be paid for by the public" he means ALL 😂😂😂

ciararespect
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Ya know in retrospect, Jeromes claim several years ago that inflation would be transitory, was pretty accurate on this long term time horizon

dagnabbitwabbit
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Does he think that U.S. Citizens believe anything Federal Government tells us ?

xtheunknown
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Report from the Edge: Trump, the Fed, and the Incoming System Failure**

VadimTantsev
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Powell better watch saying things that Trump doesnt like hearing, lest he find himself in an overseas prison.

andie_pantz
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This man will be in El Salvador by November

rjScubaSki
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and you've been wrong about nearly everything

FTCliff
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Every time he talks stock market went down really bad. 😂

LinhTran-yu
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The probelm with all is they pick an idea from the living book. Dont it doesnt work just work it out

shankarbalakrishnan
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Don't blink or you might miss Flixy5's pump.

MarvenMasell
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It will get better when Trump is removed and commonsense moves in.

Guess
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