by Vawn Himmelsbach
Yahoo! Finance
With talk of trade wars, fear of stagflation and slashes to Social Security staffing, you might be justifiably concerned about your retirement savings.
Following the Fed’s latest policy meeting, Federal Reserve chair Jerome Powell said during a press conference that “recent indications … point to a moderation in consumer spending” as “surveys of households and businesses point to heightened uncertainty about the economic outlook.” He added that “some near-term measures of inflation expectations have recently moved up,” with tariffs being a driving factor.