CNBC Daily Open: Fed warns tariffs could lead to stagflation, but it's unlikely Trump will heed it
- Posted on May 8, 2025
- By CNBC
- 3 Views
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.
