On the recordApril 3, 2025
highly likely to lead to at least a temporary rise in inflation
Source
cbsnews.comhighly likely to lead to at least a temporary rise in inflation
Powell indicated that tariffs will likely cause a short-term increase in inflation.
Share
More from Jerome Powell
We do not take into account the fortunes of any political party or politician.
As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.