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International Business Times
International Business Times
Politics
M.B. Mack

Trump Rages Against Federal Reserve Chair for 'Too Late' Declaration That Tariffs Will Lead to 'Higher Inflation'

Jerome Powell Donald Trump US Federal Reserve Inflation the Federal Reserve Latin Times United States
After Federal Reserve Chair Jerome Powell warned that President Donald Trump's tariffs could lead to inflation, Trump responded with a furious social media tirade demanding his removal. (Credit: Latin Times)

President Donald Trump lashed out at Federal Reserve Chair Jerome Powell for warning that the president's aggressive tariff policy could drive up inflation, accusing Powell of being "too late and wrong" and demanding his removal.

On Wednesday, Powell stated that Trump's tariff policy would "likely" cause inflation to rise, with potential long-term economic effects such as slower growth.

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