Powell: Tariffs are highly likely to lead to short-term price increases

BlockBeats News: On April 4th, Federal Reserve Chairman Powell stated in his keynote speech on the economic outlook that tariffs are highly likely to lead to short-term price increases. The impact of price may also be more lasting. Our responsibility is to ensure that long-term inflation expectations remain stable. People's dissatisfaction with the economy seems to be rooted in early inflation. The price has not decreased, and people know they are spending more, so it is completely reasonable to be dissatisfied with this. Inflation has significantly decreased, and the unemployment rate is approaching the level of full employment. (Golden Ten)