Back to today’s briefing

Story perspectives

Powell Warns of Trump Tariffs; India's Economy Thrives

4/20/2025

45 7

Summary

Story summary

U.S. Federal Reserve Chair Jerome Powell cautioned that former President Trump's tariff policies might threaten economic stability, risking higher inflation and unemployment. In contrast, India's economy stands resilient, boasting stable inflation and promising GDP growth, which could pave the way for rate cuts by the Reserve Bank of India.

1 of 1

Story summary

U.S. Federal Reserve Chair Jerome Powell cautioned that former President Trump's tariff policies might threaten economic stability, risking higher inflation and unemployment. In contrast, India's economy stands resilient, boasting stable inflation and promising GDP growth, which could pave the way for rate cuts by the Reserve Bank of India.