According to ChainCatcher, Fed's Logan stated that tariffs could raise inflation, at least temporarily, and stimulative fiscal policy may boost demand. Uncertainty and market volatility could lead consumers to reduce spending.
Logan pointed out that high inflation expectations are deeply entrenched, and correcting them is costly. Currently, monetary policy is sound, the risks to employment and inflation targets are roughly balanced, the labor market is strong, and inflation trends are gradually converging towards 2%.