Fed's Paulson: Not seeing tariffs generating widespread inflation

Dec 12 (Reuters) - Tariffs can lift some input costs but are not leading to widespread inflation, Federal Reserve Bank of Philadelphia President Anna Paulson said on Friday.

"The standard economic analysis is that tariffs are going to lower growth a little, they're going to raise prices, but probably not in a sustained way that feeds on itself," Paulson said at an event in Wilmington, Delaware. "It's a change to the cost of inputs that eventually shows up in prices, but it's not something that has to trigger widespread inflation, and that's not what I see happening right now."