Fed Chair Powell says President Trump's tariffs likely to increase inflation & slow growth; Dow falls another 2,200 points

Washington Today

Federal Reserve Chair Jerome Powell says he expects President Donald Trump’s tariffs to raise inflation and lower growth but there is a “highly uncertain outlook” and it is "too soon to say" what the Fed will do with interest rates; Wall Street takes another big hit today; Senate debates the Republican budget blueprint with tax cuts, spending cuts, energy, border and defenses policies. Democrats are unified in their opposition. An all-night voting session expected tonight before final passage early Saturday; We get congressional reaction to the overnight firing by President Donald Trump of the head of the National Security Agency and his deputy; Secretary of State Marco Rubio is asked about the status of the Russia-Ukraine war ceasefire talks at the NATO foreign ministers meeting in Brussels; former Vice President and Democratic presidential nominee Kamala Harris gives her assessment of the Donald Trump Administration.

Learn more about your ad choices. Visit megaphone.fm/adchoices