Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
Federal Reserve Chair Powell now warns that Trump’s new global tariffs will have “significantly larger than expected” economic effects, causing higher inflation and slower growth.
This marks a shift from his March position that tariff impacts would be temporary. Despite these concerns, Powell emphasized the Fed will remain patient before adjusting interest rates, stating they are “well positioned to wait for greater clarity.”
His priority is preventing temporary price increases from becoming a persistent inflation problem. Markets responded negatively during his remarks, with stocks falling and bonds rising.
Powell believes policy uncertainty should decrease within a year, making the actual effects clearer. Despite current economic challenges, Powell maintained that the economy “is still in a good place,” even as the S&P 500 has fallen about 11% this year.
