by: xpoolPosted on:

Powell Warns of Tariff Uncertainty and Economic Impact

Federal Reserve Chair Jerome Powell voiced concerns about the economic repercussions of escalating tariffs, highlighting increased uncertainty and potential inflation spikes. His comments triggered substantial market declines, impacting major indices such as the Dow Jones, S&P 500, and NASDAQ, which witnessed losses exceeding 6% in just two days.

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  3. Larry Summers Warns of Potential U.S. Financial Crisis from Tariffs
  4. Market Momentum Triggers Cautious Optimism Amidst Uncertainty