When U.S. President Trump announces reciprocal tariff measures on the 2nd, John Williams, the Fed's third-in-command and president of the Federal Reserve Bank of New York, said on Monday that the impact of a new round of tariffs on the economy needs to be monitored, and the Fed is expected to keep interest rates unchanged for a period of time, with the current economy showing no signs of stagnating inflation. And the economy is expected to continue to grow. (Синопсис: PCE inflation in the US is "heating up" The Fed's interest rate cut in February may wait, US stocks closed in the red, bitcoin risked 84 000) (Справочное addendum: Arthur Hayes: Bitcoin returns to bull market in April, the Fed's printing press will continue to produce more ликвидности) John Williams, president of the Federal Bank of New York in New York, said in an interview with Yahoo Finance on Monday, that as policymakers watch the impact of Trump's new round of tariffs on the economy, it is expected that the Fed, as " By keeping interest rates unchanged for some time, the tariffs could have long-term effects on inflation, which could take years to unify. Williams said, "It's too early to draw definitive conclusions, and the Fed will be closely monitoring the spillover effects of the new tariffs, which may not be felt for several years." Yes, we're going to see how the tariffs affect prices, and then we have to continue to monitor how those effects propagate to the prices of other commodities, and the Fed has to really keep an open mind and look at how long these effects 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 the tariffs will fade quickly or persist for a long time, and some economists and market observers fear that inflation could continue to heat up and economic growth slow, leading to a repeat of the stagnation of the 1970s. Williams said he sees no signs of stagnant inflation now, the unemployment rate is 4.1%, headline inflation is around 2.5%, the Fed will not allow high inflation to take root as it did in the 70s and 80s, but he also acknowledged that the risk of higher-than-projected inflation exists. According to Williams, the current economy is "in very good shape," but he also acknowledges 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 fears of a slowdown in economic growth, but it also comes with the risk that inflation could rise: My personal opinion is that the economy will continue to grow, but at a slower pace 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 will respond to these developments, so he expects the Fed's interest rates to remain unchanged for "some time." Related Stories Fed Postic: "Interest Rate Cuts Are Only 1 Time" Expected This Year Tariff War Hinders Inflation Efficiency, Trump Again Presses Powell To Cut Interest Rates Cathie Wood: Short-Term Pessimism On U.S. Stocks, 'But Expect The Fed And Trump To Save The Market Soon', Copies Crypto Bottom, Fed Microphone Tesla: While the Pigeon Ball is driving the market, The Fed Faces Tariff Challenges, and There Is Still a Risk of Inflation Stagnating 〈Trump's Tariffs Remain Intact, Three Fed Officials: Interest Rates Will Remain Unchanged "For A Period of Time", Inflation Risk Watching" This article was first published in BlockTempo "Dynamic Trend – The Most Influence Blockchain News Media".