#PowellRemarks Jerome Powell said that policymakers are well positioned to wait before moving further on rates .We are beginning to see same effects of tariffs on inflation and I see no sign of the economy weakening .The US economy has defiled all kinds of forecast for it to weaken, really over the last three years and it has been remarkable to see ... again and again , when people think it is going to weaken out . Eventually it will but we don't see the sign of it for now . Tariffs are an avoidable cost increases to business and consumers .

Everybody that I know is forecasting a meaningful increase in inflation in coming months from tariffs .