Chair Powell: "Inflation Outlook Would Improve Without Tariffs"

JH Kim

Summary

Jerome Powell, Chair of the Fed, stated that the inflation outlook could improve in the absence of US tariffs.
Chair Powell explained that the exact impact of tariffs remains uncertain.
He mentioned it would be difficult to decide on policy responses until the effects of tariffs become clearer.

According to CNBC on the 18th (local time), Jerome Powell, Chair of the Fed, stated that "the Fed’s inflation outlook could improve if there are no tariff measures."

He added, "Currently, the specific impact of tariffs is uncertain, and until we can identify the effects more clearly, it is difficult to determine what response would be appropriate."