Fed’s Barkin Says Tariffs Could Reduce Jobs and Raise Inflation

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Federal Reserve Bank of Richmond President Tom Barkin said President Donald Trump’s tariffs could raise both inflation and unemployment, creating a big challenge for the central bank.

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Not ‘Liberation Day’ But ‘Recession Day:’ Gov. Polis

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Colorado Governor Jared Polis (D) discusses a report saying President Trump’s tariff policies could quadruple what Colorado already pays for imports, and states the President’s “Liberation Day,” is actually “Recession Day.” Governor Polis weighs in on whether or not Trump’s tariff plan on Wednesday will bring more manufacturing into the US, talks about what the Democratic Party can do to counter President Trump’s tariff policies, and how these tariffs will impact Colorado’s tourism. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s “Balance of Power: Late Edition.” (Source: Bloomberg)