Fed chair Powell: Tariff induced inflation will take a long time to become clear

Nick Timmeros, the Wall Street Journal. Chair Pal, my question is about what have you learned over the last few months about the inflation generating and price pass through process. And just to drill down, the June CPI report showed evidence of tariff induced goods inflation.Now, the tariff landscape uh is only starting to be settled with some of these more recent deals. Given the lags between when tariffs are announced and when they show up in goods prices, is two months a long enough horizon to evaluate t ...