Waller Addresses Concerns about Short-Term Tariff Impact on U.S. Inflation

Federal Reserve Governor Christopher Waller addressed concerns about short-term inflation resulting from U.S. tariffs, emphasizing their limited long-term impact on the U.S. economy. During an economic forum discussing trade-related inflationary pressures, Waller clarified that the impact of tariffs on inflation is expected to be temporary, even in worst-case scenarios.