Powell: The reasonable baseline is that the impact of tariffs on inflation will be transitory
According to ChainCatcher, citing Jinshi News, Federal Reserve Chair Jerome Powell stated that the reasonable baseline scenario is that the impact of tariffs on inflation will be temporary.
Upcoming data releases will help the Federal Reserve determine the direction of future policy. The current policy stance is aligned with inflation risks. The current policy can be described as moderately restrictive.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Stablecoin Cross-Border Transfers Cost 84% Less Than Traditional Remittances
BMO Capital raises its target price for BlackRock to $1350.
Bank of America raises Dow's target price to $31
BlackRock files for third Bitcoin ETF, still no Solana or XRP
Crypto prices
More
