Fed officials argue for patience while gauging tariff impact
NEW YORK (Reuters) -Federal Reserve officials speaking in television interviews on Thursday indicated they see no urgency for a change in monetary policy as they seek more information to determine how the Trump administration’s trade tariffs are affecting the economy. Fed Governor Christopher Waller said in a Bloomberg interview that given the cadence of the administration’s shifts on import taxes, it wouldn’t be until some time this summer that some sense of how this is playing out will start to emerge, which suggests no imminent change in monetary policy. “I don't think you're going to see enough happen in the real data in the next couple of months, until you get past July,” Waller said.
