On the recordJune 25, 2025
The U.S. economy was in solid shape, but warned of very high uncertainty due to the impact of tariffs.
Source
newsweek.comThe U.S. economy was in solid shape, but warned of very high uncertainty due to the impact of tariffs.
Jerome Powell discusses the state of the U.S. economy and concerns about inflation from tariffs.
Share & report
More from Jerome Powell
For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance.
The things that are sold at retail now might have been put into inventory before the tariffs, so we think we should see [higher prices] over the summer.