Federal Reserve's Musalem: The impact of tariffs is still being transmitted to the economy, and restoring inflation to 2% is crucial.

BlockBeats News, October 18, Federal Reserve's Musalem: The impact of tariffs is still being transmitted to the economy. Tariffs will permeate the economy and continue until the middle of next year. Retailers are feeling increasing pressure to pass on tariffs. Inflation remains a very serious issue for consumers. It is crucial for the Federal Reserve to restore the inflation rate to 2%. I am fully committed to the 2% (inflation) target and believe the Federal Reserve equally supports this goal.