Fed's Powell says it is too soon to gauge inflationary impact of Trump's tariffs

WASHINGTON, March 19 (Reuters) - U.S. Federal Reserve Chair Jerome Powell said on Wednesday it was too soon to determine whether to look through the impact U.S. tariffs would have on inflation, and it would be challenging to determine how much of any goods price increases are attributable to tariffs.

Powell told a news conference after the Fed held rates steady there was little policy signal from tariffs, and much would depend on how quickly any tariff-related inflation moved through the economy, and whether inflation expectations stay well-anchored.