🚨🇺🇲 Powell Highlights Tariff Risks to Fed’s Dual Mandate
“The inflationary effects could also be more persistent,” he said. “Avoiding that outcome will depend on the size of the effects, on how long it takes for them to pass through fully to prices, and, ultimately, on keeping longer-term inflation expectations well anchored.”
“The inflationary effects could also be more persistent,” he said. “Avoiding that outcome will depend on the size of the effects, on how long it takes for them to pass through fully to prices, and, ultimately, on keeping longer-term inflation expectations well anchored.”