Jerome Powell Highlights Trump's Policies as Factors in Inflation Ahead of Fed Chair Term End
Jerome Powell, nearing the end of his term as Fed Chair, pointed to President Trump's tariffs and the Iran War as contributors to inflation. With Fed rate cuts unlikely, the stock market faces potential vulnerability. Powell's tenure is set to end on May 15, 2026, with Kevin Warsh expected to take over.
Topics: Federal Reserve Interest Rates Jerome Powell Kevin Warsh Stock Market