Washington D.C. - Federal Reserve Chairman Jerome Powell has voiced concerns regarding the potential economic consequences of tariffs. Speaking at a conference yesterday, Powell emphasized the importance of free and fair trade, noting that tariffs can lead to higher prices for consumers and businesses. He cautioned that prolonged trade disputes could negatively impact economic growth.
San Juan, Puerto Rico - Puerto Rico is gradually recovering from a major island-wide blackout that left millions without power. Crews are working around the clock to repair damaged infrastructure and restore electricity to homes and businesses. Officials estimate that full power restoration will take several more days. The blackout highlighted the vulnerability of the island's power grid and the need for significant investment in infrastructure improvements.
Powell Warns of Tariff Impact; Puerto Rico Recovers from Blackout
Federal Reserve Chair Jerome Powell expressed concerns about the potential negative economic effects of tariffs during a recent address. His remarks come as the U.S. continues to navigate complex trade relationships with various nations. Meanwhile, in Puerto Rico, progress is being made to restore power across the island following a widespread blackout. Recovery efforts are underway to ensure residents and businesses regain full access to electricity.
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