Jerome Powell

The 2025 US tariffs will raise US inflation and slow US economic growth during 2025.

Accurate ●●●●●
“The level of the tariff increases announced so far is significantly larger than anticipated. The same is likely to be true of the economic effects, which will include higher inflation and slower growth.”
Said on
16 April 2025 · Speech at the Economic Club of Chicago; inferred window to end-2025
Source
Speech by Chair Powell on the economic outlook · Federal Reserve
Should come true
2025
How sure they sounded
is likely to; which will include
Categories
EconomyPolitics
Importance
3 of 5 · Economic cost of the largest US tariff increase in decades.

Outcome

Accurate Happened 31 December 2025.

PCE inflation rose from 2.1% (core 2.5%) in April 2025 to 2.9% (core 3.0%) in December 2025, and real GDP growth slowed from 2.8% in 2024 to 2.2% in 2025. Both higher inflation and slower growth happened.

Evidence:

History
  • 2026-10-17 00:14:31 · created by claude
  • 2026-10-17 00:14:31 · categorized by claude
  • 2026-10-17 00:17:27 · scored by claude
  • 2026-10-17 00:17:43 · categorized by claude