Fed’s Williams: There is a lot of uncertainty on how tariffs will play out

March 04, 2025 at 07:30PM

Tariffs can impact growth and weigh on sentiment

Will see some impact on inflation from tariffs

There is still a lot of uncertainty on how tariffs will play out

Details of tariffs are key to understand

Says he watches inflation expectations very closely

It is worth watching the UMich inflation expectations data

NY Fed data has showed more stability

Inflation expectations in the UMich survey hit a 30-year high last month. The next edition is due on Friday.

It’s really hard to know what the Fed will do with rates this year

Hard to have a base case, it’s more about scenarios on growth

This article was written by Adam Button at www.forexlive.com.

Fed’s Williams: There is a lot of uncertainty on how tariffs will play out