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Froma Harrop: The economic crash started on Jan. 6

  • The Federal Reserve, led by Jerome Powell, faces challenges from tariffs and inflation worries.
  • Major U.S. Banks are raising inflation forecasts to 4 percent or higher for this year due to ongoing economic disturbances.
  • President Trump is criticized for misusing tariff powers, intensifying market volatility and uncertainty in the global financial system.
  • Trump threatens the credibility of the Federal Reserve and U.S. Treasury debt, with potential impacts on global markets if he succeeds in manipulating monetary policy.
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  • 58% of the sources lean Left
58% Left
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כלכליסט- www.calcalist.co.il broke the news in on Monday, April 7, 2025.
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