"Likely to generate inflation": Fed Chair Powell paints bleak picture of US under Trump tariffs

Federal Reserve chair says tariffs could lead to "stagflation" in the U.S. economy.

Powell said it's not clear what the Fed should do about raising interest rates.

The president has said he wants to get the Fed chairman out of his post.

Powell 's doggedness around interest rates has made him an enemy in the Oval Office .