[Powell: Tariffs' impact on consumer inflation 'not a major factor,' expected to be a one-time transmission effect] BlockBeats News, September 24, Federal Reserve Chairman Powell stated that the United States is now generating considerable revenue from tariffs. The transmission of tariffs to consumers has been slower and less significant than expected. It appears that U.S. importers, rather than consumers, are bearing most of the tariffs. The impact of tariffs on consumer inflation is 'not a major factor,' and we expect tariffs to be a one-time transmission effect, ending by the end of next year. Ensuring that tariffs do not trigger long-term inflation 'is our responsibility.' Equal attention must be paid to both objectives, as the labor market and inflation are trending toward greater balance, though downside risks to the labor market remain visible. (Jin10)