Watch CBS News

Stock market down amid fresh tariff, inflation fears

Name: Stock market down amid fresh tariff, inflation fears
Uploaded: 2025-04-16T16:11:00-0400
Duration: 4 min 29 s
Description: Wall Street saw a sea of red on Wednesday as Federal Reserve Chair Jerome Powell said tariffs came in larger than expected, which will lead to "at least a temporary rise" in inflation. CBS News MoneyWatch correspondent Kelly O'Grady has the biggest takeaways.

Wall Street saw a sea of red on Wednesday as Federal Reserve Chair Jerome Powell said tariffs came in larger than expected, which will lead to "at least a temporary rise" in inflation. CBS News MoneyWatch correspondent Kelly O'Grady has the biggest takeaways.