Powell Reveals Key Fed Direction In Times of Trump Chaos! In a recent address at the University of Chicago Booth School of Business, Federal Reserve Chair Jerome Powell discussed the economic implications of President Donald Trump’s trade policies. Contrary to popular belief, Powell noted that tariffs might not lead to sustained inflation but could instead pose a risk of economic slowdown.  Key Highlights: • Tariffs and Inflation: Powell emphasized that while tariffs can cause a one-time increase in prices, they do not necessarily result in ongoing inflation.  • Risk of Economic Slowdown: He highlighted that the more significant concern is the potential for a broader economic downturn due to prolonged trade tensions, which could dampen business investments and consumer spending.  • Monetary Policy Stance: Given the current economic uncertainties, Powell indicated that the Federal Reserve would adopt a “wait and see” approach regarding interest rate adjustments, opting to maintain rates until clearer economic signals emerge.  #JeromePowell #TradePolicies #EconomicOutlook #FederalReserve #MonetaryPolicy #Tariffs #economicslowdown...