Anna Paulson, the new president of the Philly Fed, is in the camp of Fed officials that believes the economy is not overheated in a way that would allow one-time increases in prices from tariffs to nourish meaningful inflation Paulson also flags risks that the AI stock boom could be masking weak-ish underlying demand https://www.philadelphiafed.org/the-economy/monetary-policy/251013-economic-outlook(Nick Timiraos)