From Yahoo Finance: 2025-04-28 12:04:00

Federal Reserve Chairman Jerome Powell faces a challenging balancing act between price stability and full employment amid trade tensions and rising joblessness. The historical parallels to the 1970s stagflation crisis are worrisome, with potential impacts on the American economy and investors. Powell’s cautious approach leaves investors uncertain in an unpredictable market. The Fed’s ability to navigate these challenges will have profound implications for the economy.



Read more at Yahoo Finance: America is dangerously close to the worst kind of recession