Federal Reserve Governor Bauman: The impact of tariffs is' still unclear '

According to Golden Finance, Federal Reserve Governor Bauman stated on Thursday that the US economy is strong and pointed out that recent data showed a decrease in inflation rates last month. Although she acknowledged investors' concerns that Trump's trade policies would harm the economy and trigger recent financial market volatility, she refused to comment on how tariffs would affect inflation or the labor market. At the hearing reviewing Bauman's nomination as Federal Reserve Vice Chair of Regulation, Bauman said, "We are observing and waiting to see how the path of these policies continues to evolve, and we will understand their economic impact." "It's not clear yet because we don't know what economic policies will look like