Fed officials, Trump’s tariffs and inflation increases concerns

Federal Reserve officials take great pain not to comment on their financial policy, but the threat of the tariffs is forcing their hands.

In recent days, more than one central banking politicians noted only the uncertainty around the President Donald Trump’s punch Extensive variable tasks In Canada, Mexico and China – and perhaps the European Union – they also had a potential impact on inflation.

Any signs that tariffs have a long time pressure in prices can maintain interest rates at a higher level for a longer period of time.

On Wednesday, the head of an auto symposium on Wednesday Austran Goliksbeee “The threats of a number of supply chains, showed a number of supply chains in a number of supply chains.

“If we see the rise or progress in inflation in 2025, the Fed will be in a difficult situation,” he said, “he will be in a difficult situation,” he said. Goolsbee said. “This difference will be critical for the fed to move or even move.”

Last week, the Federal Open Market Committee, which is a voting member of Goolsbee, The assessment voted to hold interest rate steady Since 4.25% of a number of 4.25% to 4.50% for evaluating the development of developing economic conditions.

The voting, Trump and the largest US trade partners against Canada and Mexico came in the background, but added 10% in tariffs against China revenge on his own measures.

Economists generally see prices for a disposable effect, targeted, but more widespread and affecting certain goods to avoid inflation as wide drivers. However, in this case, Trump pours a wide network as it can create the type of main inflation of the Fed fears.

A limited roadmap

Earlier this week, CNBC, Boston Fed President Susan Collins, as well as the FOMC voter, and said that the staff of the staff also had the potential impact of the delegation tariffs, and offered the unusual nature of the sweeper tariffs.

“There is a limited experience of such large and very widespread tariffs,” he said. “There are many different sizes and second-round effects, which is especially difficult for them to actually appreciate what their amount will actually be … The price level cannot cause time to increase.”

If the tariffs are short, “You have been waiting for the federal reserve to be trying to review. But therefore, there are many factors in this regard. Therefore, the economy is important for how you think, how you think about politics, how you think about politics and how you think about politics. “

Philadelphia President Patrick Harker and the Atlanta Fed, other fed officials, such as Rafael Bostiki, said they were concerned about the potential inflation effects and said they would follow the longer.

In turn, for the chair Jerome powder Numerous questions about the tariffs at the post-meeting news conference last week, he said very early to judge the financial policy.

“We do not know what will happen with tariffs, immigration, financial policy and regulation,” he said. “I think we must allow these policies to express these policies before they think the results of those in the economy will.”

-Ruters helped this report.