Powell: The fundamental message is that the tariffs will have a transitory impact on inflation
By: theblockbeats.news|2025/07/31 03:12:23
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BlockBeats News, July 31st, Federal Reserve Chairman Powell stated that the reasonable baseline is that the impact of tariffs on inflation is temporary.
Upcoming data will help the Fed determine the future policy direction. The current policy stance is appropriate given the inflation risks. The current policy can be described as moderately restrictive. (FX168)
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