<p>On April 16th local time, Federal Reserve Chairman Jerome Powell issued a strong warning about the inflation effects of President Trump's trade policies. Powell stated that Trump's tariff policies are &#34;highly likely&#34; to temporarily stimulate inflation and warned that these effects could last for a long time. Powell also mentioned that many of the government's policies regarding trade, immigration, fiscal matters, and regulation are still evolving, but rising inflation and slowing economic growth may be on the horizon</p>

<p>On April 16th local time, Federal Reserve Chairman Jerome Powell issued a strong warning about the inflationary effects of President Trump's trade policies. Powell stated that Trump's tariff policies are "highly likely" to stimulate a temporary rise in inflation and warned that these effects could last for a long time. Powell also mentioned that many of the government's policies regarding trade, immigration, fiscal matters, and regulation are still evolving, but a rise in inflation and a slowdown in economic growth may be imminent</p>

Federal Reserve Chairman warns: Trump's tariff policy is "highly likely" to drive up prices