Fed's Barkin: Fed policy is well positioned for where economy might go

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Fed has time to take in dataInflation will be pressured higher by tariffsDoesn't expect replay of pandemic era inflationFed faces risks on both jobs and inflation mandatesOutlook for the economy remains cloudyBusinesses still in pause mode among uncertaintyRecent inflation data encouraging, job market is healthyBusinesses still in pause mode amid uncertaintyThis is in line with Powell.More:Doesn't think tariffs will be as inflationary as some fearInflation expectations matter a great dealIt's hard for businesses to know where tariffs standRecent inflation experience makes it harder to know what tariffs will do to prices This article was written by Adam Button at www.forexlive.com.