TechFlow news, March 7 — According to Jinshi News, Federal Reserve Chair Powell will deliver a public speech tonight—an important opportunity for him to publicly assess the economic impact of the Trump administration's imposition of high tariffs on major trading partners. While these policy changes have not yet shown clear effects in economic data beyond daily market fluctuations, they have brought the risk of "stagflation" back into focus for economic forecasters.
Adam Posen, Director of the Peterson Institute for International Economics in Washington, stated that although the Fed does not set trade or tax policy, it should more clearly point out that, based on existing mainstream evidence, tariff policies are more likely to drive inflation higher. Posen emphasized particularly that as Trump plans to implement new tariff measures, the current level of U.S. inflation is already not low—a timing that warrants attention.
