Flash
Federal Reserve Chairman Powell: Expected tariff inflation to fall in the next two quarters
On April 30, Federal Reserve Chairman Powell said he expected tariff inflation to fall in the next two quarters. Before considering lowering interest rates, you definitely want to look at the other side of energy and tariffs. The number of officials supporting a shift to a neutral bias has increased; perhaps changing the current easing trend will be considered at the next meeting, and interest rate guidance may change at the next meeting.