Powell talks about the recent rise in inflation expectations: tariffs are the main factor

Odaily Planet Daily News: Federal Reserve Chairman Powell stated at a press conference that the recent rise in inflation expectations indicators is reflected in the market and survey based indicators. Respondents including consumers, businesses, and professional forecasters pointed out that tariffs are a driving factor. However, after around next year, most long-term expectation indicators will still remain consistent with our 2% inflation target. (Golden Ten)