Fed's Kugler: Tariffs, import prices, shortages could be key to inflation trends

April 7 (Reuters) - Federal Reserve Governor Adriana Kugler on Monday said that some of the recent rise in goods and market-services inflation may be "anticipatory" of the effect of the Trump administration's current policies.

"If you think about tariffs, for example, this measure of core import prices but also the shortages index may be really important to consider" in modeling what drives inflation, Kugler said at Harvard University at the conclusion of a lecture on inflation dynamics.