Trump's tariffs remain a ticking time bomb, Fed's three top officials: Interest rates will remain unchanged "for a while", monitoring inflation risks.

When US President Trump will announce reciprocal tariff measures on the 2nd, John Williams, the third in command of the Fed and president of the Federal Reserve Bank of New York, said on Monday that it is necessary to observe the impact of the new round of tariffs on the economy, and the Fed is expected to keep interest rates unchanged for a period of time, and the current economy does not show signs of stagnation inflation, and the economy is expected to continue to grow. (Synopsis: US PCE "inflation heats up" Fed interest rate cut in February may wait, U.S. stocks closed black, bitcoin risked 84,000) (Background supplement: Arthur Hayes: Bitcoin returns to bull market in April, Fed printing press will continue to release more liquidity) John Williams, president of the New York Federal Bank of New York, said in an interview with Yahoo Finance on Monday that as policymakers observe the impact of Trump's new round of tariffs on the economy, the Fed is expected to " Keeping interest rates unchanged for some time, tariffs could have longer-term effects on inflation, which could take years to unify. Williams noted: "It's too early to draw definitive conclusions, and the Fed will be watching closely for the indirect effects from the new tariffs, which may not really be felt for several years." Yes, we're going to see tariffs affect prices, and then we have to keep watching how those effects extend to other commodity prices, and the Fed needs to really keep an open mind and see how long those effects will last in inflation and the economy as a whole. Trump's new round of tariff measures will be announced on the 2nd, and the Fed's key question is whether the price increases caused by tariffs will fade quickly or will persist for a long time, and some economists and market observers worry that inflation may continue to heat up and economic growth slow, leading to a repeat of stagnation like the 1970s. No signs of stagnation inflation, the economy is still expected to grow Williams said that he does not see signs of stagnation inflation now, the unemployment rate is 4.1%, the overall inflation is about 2.5%, the Fed will not let high inflation take root like in the 70s and 80s, but he also admitted that the risk of higher inflation than predicted does exist. In Williams' view, the current economy is "in very good shape", but also admits that there is "a lot of uncertainty" about the economic direction in the coming year, pointing out that the current uncertainty has shifted from inflation to concerns about slowing economic growth, but it is also accompanied by the risk that inflation may rise: My personal view is that the economy will continue to grow, but at a slower rate than last year. Williams stressed that both economic trends and policy actions are fraught with uncertainty, not only for the U.S. economy, but also for how the global economy responds to these developments, so he expects Fed interest rates to remain unchanged for "some time." Related reports Fed Postic: This year is expected to "only cut interest rates 1 time" tariff war hinders the effectiveness of inflation, Trump again pressures Powell to cut interest rates Cathie Wood: U.S. stocks short-term pessimism "but expect Fed and Trump to rescue the market soon", is copying the bottom of cryptocurrencies, Tesla Fed microphone: Although Ball doves stimulate the market, the Fed faces tariff problems and there is still a risk of stagnation inflation 〈Trump tariffs remain unexploded, Fed three in command: interest rates will remain unchanged "for a period of time", Observing Inflation Risk" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".