[The Federal Reserve (FED) Goolsbee: The Federal Reserve is waiting to understand the impact of tariffs, data still appears noisy] The Federal Reserve (FED) Goolsbee said on Wednesday that data showing moderate consumer inflation in April does not necessarily reflect the impact of rising U.S. import tariffs, and the Federal Reserve (FED) still needs more data to understand the direction of prices and the economy. Goolsbee stated, "There can sometimes be a lot of dust in the air, and we hear a lot of noise... We are trying to find that main line."
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The Federal Reserve (FED) Goolsbee: The Federal Reserve (FED) is waiting to understand the impact of tariffs, the data still appears noisy.
[The Federal Reserve (FED) Goolsbee: The Federal Reserve is waiting to understand the impact of tariffs, data still appears noisy] The Federal Reserve (FED) Goolsbee said on Wednesday that data showing moderate consumer inflation in April does not necessarily reflect the impact of rising U.S. import tariffs, and the Federal Reserve (FED) still needs more data to understand the direction of prices and the economy. Goolsbee stated, "There can sometimes be a lot of dust in the air, and we hear a lot of noise... We are trying to find that main line."