Powell mentions "tariffs" and acknowledges that Trump's policies have impacted the economy
ChainCatcher news, Federal Reserve Chairman Powell mentioned the issue of "tariffs" for the first time at a press conference. When asked about the revision of inflation forecasts and how much tariffs impact those forecasts, he stated that it is difficult to analyze how much inflation is driven by tariff policies, but they will work to clarify: "It is clear that a significant portion comes from tariffs."In addition, Powell noted that the policies introduced by the new Trump administration will affect the economy, but he will cautiously avoid making overly definitive judgments about this impact. Analysts pointed out that this might be an attempt on his part, as he stated he would closely monitor monthly data to sidestep external expectations about how all of this will develop.