CNN 5 Things
Fed’s new warning on tariffs, Pentagon officials on leave, RFK Jr.’s autism claims & more
Apr 16, 2025
A warning from the Federal Reserve has left the stock market shaken, particularly regarding Trump's trade policies. Investigations are underway involving three Pentagon officials. In Dallas, a school shooting has raised urgent concerns about safety. Additionally, the U.S. Health & Human Services secretary has sparked debate over rising autism rates and their possible connections to environmental factors. The conversation hints at future AI developments and the ethical implications surrounding them.
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Quick takeaways
- Federal Reserve Chair Jerome Powell warns that Trump's tariffs could lead to increased unemployment and long-term economic damage.
- Robert F. Kennedy Jr. controversially links rising autism rates to environmental factors, prompting debate among autism advocates and public health officials.
Deep dives
Economic Consequences of Tariffs
Federal Reserve Chair Jerome Powell warns that President Trump's tariffs are likely to lead to increased unemployment and inflation. He expresses concerns that the magnitude of these tariff increases is larger than previously anticipated and suggests that the resulting uncertainty could cause long-lasting economic damage. In response to Powell's statements, investors reacted, causing a significant drop in the Dow. Despite these challenges, Powell notes that the U.S. economy is currently in decent shape, advising careful observation of economic data to evaluate the impact of these policies.
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