Fed Chair Powell (Q&A) says have slightly more confidence that tariff inflation will come down in the middle of the year

Newsquawk StaffFederal Reserve newsPublished 18 Mar 2026, 19:28 UTC

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19:08

Fed Chair Powell (Q&A) says have slightly more confidence that tariff inflation will come down in the middle of the year

19:07

Fed Chair Powell (Q&A) says tariffs should in theory be one-time effect, the theory is probably right, but the time it takes to get through the economy is uncertain

19:06

Fed Chair Powell (Q&A), asked about tariff impact, is not certain that tariffs will be a one-time effect, not at all certain

On the Newsquawk feed at 19:08, 20 minutes before this page.

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Context

Fed Chair Powell's comments suggest a shift towards optimism regarding easing tariff-induced inflation, which could influence market perception around the timing of interest rate adjustments. If the market believes inflation will lessen, it may impact expectations for rate hikes, thereby influencing currency dynamics, particularly for the USD against the EUR, JPY, and GBP. Traders should watch for potential adjustments in asset allocations across fixed income and commodities as sentiment evolves.

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