Federal Reserve Chair Jerome Powell cautioned that President Trump’s tariffs could fuel inflation and hinder economic growth, creating a dilemma for the Fed’s dual mandate. Markets reacted negatively, with stocks falling as investors perceived Powell’s stance as more hawkish than anticipated. The Fed is currently in a wait-and-see mode, navigating uncertainty caused by trade policy shifts. Post navigation Top stocks to buy today: Stock recommendations for April 17, 2025 – IRCTC, Jubilant FoodWorks and Shree Cement Federal Reserve chair’s warnings send US stocks tumbling; Asian markets move higher
