{"id":6175,"date":"2025-04-04T15:52:16","date_gmt":"2025-04-04T15:52:16","guid":{"rendered":"https:\/\/firearmman.com\/?p=6175"},"modified":"2025-04-04T15:52:18","modified_gmt":"2025-04-04T15:52:18","slug":"fed-chair-powell-says-he-expects-trumps-tariffs-will-hike-inflation-and-slow-growth","status":"publish","type":"post","link":"https:\/\/firearmman.com\/?p=6175","title":{"rendered":"Fed Chair Powell says he expects Trump&#8217;s tariffs will hike inflation and slow growth"},"content":{"rendered":"<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \">Fed Chair Jerome Powell said Friday he expects President Donald Trump&#8217;s tariff policy to hike prices and slow economic growth, while noting that key economic indicators &#8220;still show a solid economy.&#8221;<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Policy changes implemented by the White House have contributed to a &#8220;highly uncertain outlook,&#8221; Powell said, making the remarks as stocks plummeted amid an escalating global trade war.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Minutes before Powell was set to speak, Trump sharply criticized Powell, calling on him to reduce interest rates.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates,&#8221; Trump said in a post on Truth Social.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \"><em class=\" \">This is a developing story. Please check back for updates.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fed Chair Jerome Powell said Friday he expects President Donald Trump&#8217;s tariff policy to hike prices and slow economic growth, while noting that key economic indicators &#8220;still show a solid economy.&#8221; Policy changes implemented by the White House have contributed to a &#8220;highly uncertain outlook,&#8221; Powell said, making the remarks as stocks plummeted amid an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-6175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us-news"],"_links":{"self":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/6175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6175"}],"version-history":[{"count":1,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/6175\/revisions"}],"predecessor-version":[{"id":6177,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/posts\/6175\/revisions\/6177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=\/wp\/v2\/media\/6176"}],"wp:attachment":[{"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/firearmman.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}