Economist: Powell May Lack Information on Tariff Impact on Inflation
Natixis economist Benito Berber stated that Federal Reserve Chairman Powell might have little to say about the impact of tariffs on inflation because goods shipped from China after "Liberation Day" have yet to reach the U.S. market.
Berber expects the inflation impact to become apparent in June, predicting that the Federal Reserve will hold steady until September, at which point it will begin cutting interest rates and continue until 2026.
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