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Fed Chair Powell warns of tariff turmoil as big company stocks struggle

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The economy now faces "heightened downside risks," says Powell.
In an article published on April 17, 2025, by Fortune, Federal Reserve Chair Jerome Powell expressed concerns over the potential economic impact of escalating tariffs, which are causing significant turmoil for large corporations. The article highlights how major companies are struggling to adapt to these new trade policies, with CFOs reporting increased costs and disrupted supply chains. Powell emphasized the need for careful monitoring and possibly adjusting monetary policies to mitigate the adverse effects on the economy. The piece also discusses how stock prices of big companies have been negatively affected, prompting investors to reassess their portfolios in light of the ongoing tariff issues.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/17/fed-chair-powell-tariff-turmoil-big-company-stocks-struggle-cfo/ ]