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Jerome Powell: “There will be some inflation from tariffs coming.”

Featuring: Jerome Powell, Republican | Chair of the Federal Reserve | National

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Jerome Powell Discusses U.S. Interest Rates, Tax Policy, and Inflation with Jim Banks

Published | Video Starts at 04:30

And you know, we have, we have a forecast and so does, by the way, every other, you know, well, brand name forecaster in the country, which is very similar to ours, that There will be some inflation from tariffs coming. Not yet, but over the course of the coming months. And I think it's reasonable to expect that because someone has to pay, you know, this is hundreds of billions of dollars of tariffs we're taking in. (04:30–04:35)

CLAIM

Asserts that tariffs are expected to cause some inflation in the coming months.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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