off-the-wire

Fed's Williams: Tariffs may push up inflation, rate policy in good place

Kitco Media
By Reuters
Published:
Updated:
Reuters
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NEW YORK, March 4 (Reuters) - Federal Reserve Bank of New York President John Williams said on Tuesday that Trump administration tariffs will have some impact on driving up price pressures but there is still a lot of uncertainty how this will all play out.

“I do factor in some effects” from tariffs on inflation that will play out over the year, Williams said at a Bloomberg event in New York. He added he views monetary policy as being in a “good place” and “I don’t see any need to change it” right now.

Reporting by Michael S. Derby; Editing by Chris Reese

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