Transitory Tariff Inflation?

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2025-03-22 00:19:41 - Translate -

“It can be the case that it’s appropriate sometimes to look through inflation, if it’s going to go away quickly, without action by us, if it’s transitory,” Powell said. “That can be the case in the case of tariff inflation. I think that would depend on the tariff inflation moving through fairly quickly and, critically, as well on inflation expectations being well anchored.”
https://www.armstrongeconomics.com/armstrongeconomics101/economics/transitory-tariff-inflation/

“It can be the case that it’s appropriate sometimes to look through inflation, if it’s going to go away quickly, without action by us, if it’s transitory,” Powell said. “That can be the case in the case of tariff inflation. I think that would depend on the tariff inflation moving through fairly quickly and, critically, as well on inflation expectations being well anchored.” https://www.armstrongeconomics.com/armstrongeconomics101/economics/transitory-tariff-inflation/