Powell on tariffs' impact on prices
CNBC Television·2026-01-28 20:45
Has the effects of tariffs um already moved through the economy on prices. >> A lot of it has. So basically uh there are many different estimates and and they're all highly uncertain, but most of the overrun uh in goods prices is from tariffs.And that's actually good news because if it weren't from tariffs, it might mean it's from demand. And and you know that's that's a harder problem to solve. We we do think tariffs are likely to move through and be a one-time price increase.So most of the overshoot if yo ...