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Powell: ''Ignore the tariffs,'' inflation is behaving as the Fed expected
Yahoo Finance·2025-07-01 17:54

If you look ignore the tariffs for a second, uh inflation is behaving pretty much exactly as we as we have expected and and hoped that it would. We haven't seen effects much uh yet uh from from tariffs and we didn't expect to by now. We've always said that the timing, amount, and persistence of the inflation would be highly uncertain and it certainly improved that.So, we're watching. We expect to see over the summer some readings, higher readings, but we're prepared to learn that it that it can be higher or ...