Powell: 'Tariffs can push up prices' but 'too early to say' what impact will be
April 06, 2018 at 14:37 PM EDT
Federal Reserve Chair Jerome Powell opted against wading too far into the tariff battle during a speech Friday, though he acknowledged that it's a concern for business. "It's too early to say" what effect a potential trade war between the U.S. and China would have on the economic outlook, the central bank chief said at an event in Chicago.