Fed Chair Powell Exposes Trump’s Trade War Damage to US Jobs & Growth | Times Now World
Federal Reserve Chair Jerome Powell delivered a veiled but sharp warning over the economic fallout of U.S. President Donald Trump’s trade and immigration policies, saying that higher tariffs are already driving up consumer prices and tighter immigration rules have slowed labor force growth. Speaking at the annual Jackson Hole symposium, Powell noted that U.S. GDP growth has slowed to 1.2% in the first half of 2025, roughly half the pace of last year, while job creation has collapsed to just 35,000 a month. He cautioned that Trump’s policy mix of tariffs, immigration restrictions, and shifting tax and regulatory changes is fueling inflation uncertainty and putting the job market at risk. #jeromepowell, #trump, #federalreserve, #jacksonhole, #usjobs, #inflation, #useconomy, #tariffs, #immigration, #powell #tnworld #timesnowworld #worldnews #internationalnews #timesnews #newsworld Subscribe now: http://bit.ly/3VHIl37 Times Now World is your definitive source for comprehensive global news and analysis. At Times Now World, we bring you breaking news and real-time updates on US news, US elections, Trump, Biden, Putin, Zelensky, Russia-Ukraine war, Israel-Hamas conflict, Gaza, China-Taiwan tensions, Hungary news, NATO updates, and EU developments. Stay informed with our in-depth coverage of politics, economics, and current affairs, exclusively on Times Now World. Explore diverse perspectives and expert insights on international relations, technology, and more, all on Times Now World. Engage with dynamic discussions on global issues, including NATO news and EU updates, on Times Now World. Follow compelling stories and impactful reports on Times Now World. Discover the pulse of international affairs with Times Now World's extensive coverage of global events.