Powell Warns of Inflation, Stagflation Risk from Tariffs | JQJO

Fed Chair Jerome Powell warned of rising inflation due to tariffs, despite recent positive economic data. While the impact of tariffs is delayed, Powell anticipates increased inflation and slower economic growth in the coming months, raising concerns about potential stagflation. Positive job growth and consumer sentiment data have so far offset tariff effects, but this may change as tariffs fully impact the supply chain.