FOMC Gov. Jefferson: The affect of tariffs on the Fed's mandates is high of thoughts

FOMC Gov. Jefferson is speaking and says:

• The impact of tariffs on the Fed’s mandate is top of mind.
• The risks to the Fed’s mandates depends on policy choices by the administration that have not been made.
• There are risks to both jobs and inflation, but given uncertainty it is appropriate to wait and see on right decisions
• The US could face a one-time increase in the price level tariffs, need to be sure that does not become a sustained increase in inflation

This article was written by Greg Michalowski at www.forexlive.com.