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Benzinga
Benzinga
Business
Vishaal Sanjay

Elizabeth Warren Blames Trump's 'Dumb Trade War' For Fed's Grim Outlook: The President Is 'Standing In The Way Of Lower Rates And Lower Costs'

Elizabeth Warren Donald Trump Jerome Powell US Federal Reserve Inflation Mass
Elizabeth Warren

Sen. Elizabeth Warren (D-Mass.) is placing the blame for the Federal Reserve’s increasingly grim economic outlook on President Donald Trump’s trade and tariff policies.

What Happened: On Wednesday, Warren posted on X, citing Fed Chair Jerome Powell’s recent Congressional testimony to argue that Trump's tariffs are driving inflation and obstructing the Federal Reserve’s much-needed monetary policy relief package.

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