On the recordJune 24, 2025
The effects on inflation could be short lived — reflecting a one-time shift in the price level.
Jerome Powell: “The effects on inflation could be short lived — reflecting a one-time shift in the price level.”
Editor's note · Context
Powell discusses potential short-term impacts of tariffs on inflation.
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More from Jerome Powell
Jul 1, 2025
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.
Jun 30, 2025
Tariffs this year are likely to push up prices and weigh on economic activity.
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