Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth
1. Fed Chair Powell warns of inflation vs economic growth dilemma. 2. Higher inflation and lower growth expected due to tariffs. 3. Markets anticipate interest rate cuts beginning in June. 4. Retail sales rose 1.4% in March amid tariff concerns. 5. GDP growth for Q1 projected at -0.1% with slowing economy.