Golden Finance reports that Federal Reserve Chairman Powell stated that the Federal Reserve Committee is discussing how tariffs drive inflation. The Federal Reserve has done a lot of work in this area and is able to make careful assessments of appropriate tariff policies. It is too early to draw any conclusions about the impact of tariffs, as we do not know the countries targeted by the tariffs, their scale, and duration. He also mentioned that the 2018 tariff analysis remains a good starting point; many factors will influence the impact of tariffs on consumer inflation.