On the recordJune 24, 2025
The effects on inflation could be short lived — reflecting a one-time shift in the price level.
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cnn.comThe effects on inflation could be short lived — reflecting a one-time shift in the price level.
Powell discusses potential short-term impacts of tariffs on inflation.
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It is a big risk to our independence if we were to stray into areas where we shouldn’t that really aren’t part of our mandate.
As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.
without the ability to pay interest on reserves, the Fed would lose control over rates