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
Data: The current Crypto Fear & Greed Index is 29, indicating a state of fear.
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Trending news
MoreCrypto prices
More
