The Zhitong Finance App learned that Federal Reserve Governor Christopher Waller said in his speech in St. Louis on Monday that even if the new round of tariffs causes a sharp rise in prices, he still believes that this rise in inflation may only be “temporary,” even though the term triggered widespread criticism of the Fed's mistakes in judgment between 2021 and 2022.

The Zhitong Finance App learned that Federal Reserve Governor Christopher Waller said in his speech in St. Louis on Monday that even if the new round of tariffs causes a sharp rise in prices, he still believes that this rise in inflation may only be “temporary,” even though the term triggered widespread criticism of the Fed's mistakes in judgment between 2021 and 2022.