Jerome Powell's Inflation Warning Rings Truer Than Ever After President Donald Trump's Latest Announcement

Published July 28, 2026 · Category: Finance

Overview

Since early June, the timeless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and innovation-inspired Nasdaq Composite (NASDAQINDEX: ^IXIC) have all blasted to fresh record highs. But the outperformance of these major stock indexes doesn't accurately reflect the heightened pressure inflation is placing on consumers and businesses.

Although Iran-war-driven inflation has dominated headlines since early March, it's a stiff warning offered by now-former Fed Chair Jerome Powell that's now coming home to roost following a new announcement by President Donald Trump.

Former Fed Chair Jerome Powell often blamed Trump's tariffs for America's above-average inflation. Image source: Official Federal Reserve Photo.

Details

Continue reading

Source

Originally published at www.fool.com.

Related Articles

• If You'd Bought $10,000 of SpaceX Stock at the IPO, Here's What You'd Have Today
• Why I Think SpaceX Stock Could Get Cut in Half by Christmas
• Social Security's 2027 COLA: There's Good News and Bad for Retirees