Federal Reserve Goolsbee: The Federal Reserve is waiting to understand the impact of tariffs, and the data is still noisy
2025-05-14 10:12:34
The Fed said on Wednesday that data showing moderate consumer inflation in April did not necessarily reflect the impact of higher import tariffs in the United States and that the central bank still needed more data to understand where prices and the economy were headed. "There's a lot of dust in the air sometimes, and we're hearing a bunch of noise... We're trying to figure out that thread," Mr. Goolsby said.
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