CNBC Daily Open: Fed warns tariffs could lead to stagflation, but it's unlikely Trump will heed it

Powell no longer pulled punches in his post-meeting press conference, saying Trump tariffs "are likely" to lead to a downturn in economic conditions.

May 7, 2025 - 18:15
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CNBC Daily Open: Fed warns tariffs could lead to stagflation, but it's unlikely Trump will heed it
Powell no longer pulled punches in his post-meeting press conference, saying Trump tariffs "are likely" to lead to a downturn in economic conditions.

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