Senator Warren Statement on February PCE

Washington, DC – Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement: 

“Just last week, Chair Powell said that the Fed expects progress on inflation to stall – or be reversed – thanks to President Trump’s red-light green-light game with tariffs which are giving giant corporations cover to raise prices on consumers. Over the past month, we have seen flashing signs of a weakening economy: Workers expect less income, housing prices are still rising, and consumer confidence is plummeting. To bring inflation under control, Americans need the President to deliver economic security, not economic chaos.”

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