The Fed does not expect to have long-term inflation effects

“Good ship passes”, despite a terrible record, looks ready to swim again Federal reserve.

Economic predictions The Central Bank was released on Wednesday Although officials saw that the inflation is moving faster than expected this year, they see that the inflation is faster so that the trend is short. Outlook, talked again “Switching” inflation A great policy for the Fed caused headaches.

After the meeting, the news conference, in the department Jerome powder The existing outlook, the probable tariffs, said there is a short lifeline.

The Fed said that the Central Bank’s leader replied: “Therefore, this is the basis of the basis. But as I said, we should really see how things work.”

However, the worldview of the Federal Open Market Committee, inflation shows 2.2% to 2.2%, which hit 2.2% in 2025, but in successful years, the authorities do not expect a steady load.

“It is sometimes suitable for viewing inflation, without transitions, without switching, it is if it looks inflation, if this is the transition,” said Powell. “This can be in tariff inflation. I think this will depend on the fare and critical of inflation expectations.”

Powell added that some short-term inflation indicators of sentiment studies have risen, market-based measures are good for longer than long-term expectations.

The position is important with the president’s concerned markets Donald Trump‘s tariffs, inflation that can lead to a wider global trade war will make a problem for the US economy. Inflation turned out to be on the side of this year, but the outlook is now less certainly.

In 2021, when inflation rises first, 2% of the Fed said, Powell and colleagues were repeatedly They waited to pass the passageAs a result, the coviet, which gives pale and demand, was brought by special factors. However, inflation was 9% measured by the consumer price index, and the Fed had to respond to a number of aggressive interest rates taken since the beginning of the 1980s.

In a speech of last August, in the annual jackson hole in the Fed, Wyoming, Summit, Powell even joked “It was crowded in the” good ship’s passage, “he said,” I think I saw some past ships today, “he said.

The room flipped in the will of the dust and the market did not think of the transitional conversation on Wednesday. Shares jumped as Powell talksand and and Dow Jones Industry Medium Recently, 383 points were collected in the reverse of a fortune for a market for a market.

“‘Links’ returned or at least interviewed,” he said. “I say that the market reaction will not create sustainable inflationary pressure on tariffs and other policies of investors and will be in control of feeding.”

Fed voted Keep an evaluation interest rate Since the impact of tariffs and financial policy from Trump. In addition, officials of the Federal Open Market Committee showed that the percentage rate of two more quarters will be reduced this year Powell re-warned This policy is not locked nor the transition to tariffs is a view of inflation.

“We will watch them all very carefully. We do not get anything.”