Loretta Mester Warns of Inflation Risks Amid Tariff Impacts

Federal Reserve official Loretta Mester addressed the rising challenges of inflation and the uncertain economic climate during her speech on April 11, 2025, highlighting the impact of tariffs. She stressed the risks of inflation reacceleration amid growing economic uncertainty. Her concerns center around how to balance control of inflationary pressures with the need for economic support in the face of rising costs and policy uncertainty.