{"id":39693,"date":"2025-04-05T16:00:09","date_gmt":"2025-04-05T13:00:09","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=39693"},"modified":"2025-04-05T14:21:22","modified_gmt":"2025-04-05T11:21:22","slug":"powell-tariffs-economic-impact-could-be-much-more-than-initial-estimates","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/powell-tariffs-economic-impact-could-be-much-more-than-initial-estimates\/","title":{"rendered":"Powell: Tariffs&#8217; Economic Impact Could Be Much More Than Initial Estimates"},"content":{"rendered":"<p><a href=\"https:\/\/coinengineer.net\/blog\/binance-futures-announces-a-new-listing-4\/\"><strong>Fed Chairman Powell<\/strong><\/a> emphasized the need to be cautious in an environment of uncertainty, drawing attention to the risks of tariffs on inflation and growth.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/powell-tariffs-economic-impact-could-be-much-more-than-initial-estimates\/#Critical_Messages_from_Powell_on_Tariffs_and_the_Economy_%E2%80%9CUncertainty_Seems_to_Continue%E2%80%9D\" title=\"Critical Messages from Powell on Tariffs and the Economy: \u201cUncertainty Seems to Continue\u201d\">Critical Messages from Powell on Tariffs and the Economy: \u201cUncertainty Seems to Continue\u201d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/powell-tariffs-economic-impact-could-be-much-more-than-initial-estimates\/#What_Will_Be_the_Economic_Effects_of_Tariffs\" title=\"What Will Be the Economic Effects of Tariffs?\">What Will Be the Economic Effects of Tariffs?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Critical_Messages_from_Powell_on_Tariffs_and_the_Economy_%E2%80%9CUncertainty_Seems_to_Continue%E2%80%9D\"><\/span>Critical Messages from Powell on Tariffs and the Economy: \u201cUncertainty Seems to Continue\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>US Federal Reserve (Fed) Chairman Jerome Powell<\/strong> made important statements about tariffs and the economic outlook that have been on the agenda in recent days. According to <strong>Powell<\/strong>, increasing tariffs have the potential to both increase inflationary pressures and slow down economic growth. These developments have made the risks that the <strong>US economy<\/strong> may face in the coming period more clear.<\/p>\n<p><strong>Powell emphasized that it is \u201ctoo early\u201d for the Fed to determine<\/strong> the appropriate step in monetary policy in the current <strong>economic environment<\/strong>. He stated that the healthiest position for the Fed is to wait for more clarity under current conditions. Powell, who especially drew attention to the fact that newly implemented tariffs may have permanent effects on inflation, emphasized that this process may not be limited to short-term price increases.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Will_Be_the_Economic_Effects_of_Tariffs\"><\/span>What Will Be the Economic Effects of Tariffs?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Powell, who said that the <strong>economic effects of the tariffs could go beyond initial estimates,<\/strong> reminded that one of the Fed&#8217;s fundamental duties is to prevent such price increases from turning into permanent inflation. The Chairman also stated that people expect the Fed to hear the truth and that they will continue to be transparent in order to fulfill this responsibility.<\/p>\n<p>It was also <strong>mentioned that although the Fed does not officially expect a recession,<\/strong> external analyses increase the possibility of a recession. Powell predicts that the current economic environment will remain uncertain and, with his comment that &#8220;it is the right time to take a step back and wait for the water to calm down,&#8221; he points out that a patient and cautious approach is needed.<\/p>\n<p>These statements may cause markets to make more cautious pricing in the upcoming period.<strong> The Fed&#8217;s monitoring of developments<\/strong> instead of a rapid change in interest rate policies reveals its desire to display a more balanced stance against the effects of imbalances in the <strong>global economy<\/strong>.<\/p>\n<hr \/>\n<p><em>You can freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram<\/strong>\u00a0 ,<\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fed Chairman Powell emphasized the need to be cautious in an environment of uncertainty, drawing attention to the risks of tariffs on inflation and growth. Critical Messages from Powell on Tariffs and the Economy: \u201cUncertainty Seems to Continue\u201d US Federal Reserve (Fed) Chairman Jerome Powell made important statements about tariffs and the economic outlook that<\/p>\n","protected":false},"author":29,"featured_media":36377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[13960],"class_list":["post-39693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-news","tag-us-federal-reserve-fed-chairman-jerome-powell"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Powell: Tariffs&#039; Economic Impact Could Be Much More Than Initial Estimates - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/powell-tariffs-economic-impact-could-be-much-more-than-initial-estimates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Powell: Tariffs&#039; Economic Impact Could Be Much More Than Initial Estimates - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Fed Chairman Powell emphasized the need to be cautious in an environment of uncertainty, drawing attention to the risks of tariffs on inflation and growth. 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