Federal Reserve Williams: Expected tariffs will raise inflation rate to between 3.5% and 4% this year

According to BlockBeats, on April 11th, FOMC permanent voting committee member and New York Federal Reserve Chairman Williams delivered a speech on the economic outlook and monetary policy, stating that the economy is facing extremely high uncertainty. Tariffs and trade are significant key factors of uncertainty. It is expected that tariffs will raise the inflation rate to between 3.5% and 4% this year; We will spare no effort to restore the inflation rate to 2%. It is expected that economic growth will significantly slow down to 1% this year. It is expected that the unemployment rate will rise to between 4.5% and 5% this year. The key question is whether inflation will continue to rise until 2026. (Golden Ten)