Powell Sounds the Alarm: Inflation vs. Recession Federal Reserve Chair Jerome Powell isn’t usually one to throw up warning flares—but on Wednesday, he practically lit the sky on fire. In a speech to the Economic Club of Chicago, Powell flagged what could soon become a no-win scenario for the central bank: trying to juggle surging inflation and stalling growth—all while dodging the fallout from Trump’s newest round of tariffs. “We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension,” Powell warned, referencing the Fed’s mission to both stabilize prices and support employment. In plain English: the MAGA tariff machine is jacking up prices while slowing the economy, leaving the Fed stuck between a rock…
Continue reading as a Citizen
Dedollarize News is free to read for signed-up members. Become a Citizen to finish this article, save what matters, and get the daily “While You Were Distracted” briefing.
No credit card required.
