RawDiary

RawDiary Logo
Edition from 2025-04-05, 3 AM UTC

Fed Chair Under Fire: Tariffs Set To Skyrocket Inflation & Cripple Growth

Federal Reserve Chair Jerome Powell warns that Trump's sweeping global tariffs will drive prices up and slow economic growth, posing a significant threat to the hard-won recovery amid a turbulent international trade environment.

**********************************************************************************************************************************************************************************************************************************

24 Hours Trump’s bold tariff agenda is shaking global markets and sparking widespread concern. Federal Reserve warnings point to surging inflation and stunted growth while China retaliates, deepening the trade war. TikTok’s future hangs in the balance with repeated deadline extensions. High-level shake-ups have rocked the Trump administration, as top officials are fired and controversial immigration orders issued. Meanwhile, a robust job market has added 228,000 new positions despite economic uncertainty. Across the world, military conflicts escalate and diplomatic heavyweights engage in high-stakes talks, framing a landscape of uncertainty and volatile change.

Number 228K - New US jobs added in March

Quote "They will never sink our ships again." — Donald Trump

**********************************************************************************************************************************************************************************************************************************
**********************************************************************************************************************************************************************************************************************************
Headlines
→ Submit News | RSS