On the recordApril 9, 2025
While tariffs are highly likely to generate at least a temporary rise in inflation, it is also possible that the effects could be more persistent.
Source
nbcnews.comWhile tariffs are highly likely to generate at least a temporary rise in inflation, it is also possible that the effects could be more persistent.
Powell discussed the potential long-term effects of tariffs on inflation.
Share
More from Jerome Powell
the outlook for employment and inflation does not appear to have changed much since our September meeting
There are no new water features, there’s no beehives, and there’s no roof terrace gardens