Powell mentions "tariffs" acknowledging that Trump's policies have impacted the economy.

Odaily News The Federal Reserve Chairman Jerome Powell mentioned the “tariff” issue for the first time at a press conference. When asked about the revision of inflation forecasts and how much tariffs impact those forecasts, he stated that it is difficult to analyze how much inflation is driven by tariff policies, but they will strive to clarify: “It is clear that a significant portion comes from tariffs.” Additionally, Powell pointed out that the policies introduced by the new Trump administration will affect the economy, but he will cautiously avoid making overly clear judgments about this impact. Analysts noted that this might be an attempt on his part, as he stated that he would closely monitor monthly data to avoid external expectations regarding how everything will develop. (Jin Shi)