Powell: If commodity inflation data continues to be strong in the last two months, it must be related to tariffs

Federal Reserve Chairperson Jerome Powell said that if the last two months of commodity inflation data continue to be strong, it must be related to tariffs. If inflation subsides on its own, monetary policy should not be tightened. It will be known in a few months whether the increase in commodity prices in the first two months of the year is due to tariffs.