<p>Alberto Musalem, President of the Federal Reserve Bank of St. Louis, recently stated in an interview with the Financial Times that U.S. President Donald Trump's tariff policy could lead to persistently high inflation rates in the United States. He warned that U.S. policymakers would face economic uncertainty until the end of this summer. The Financial Times published the interview on the 6th. Musalem indicated that Trump's tariff policy could raise U.S. inflation rates &#34;within one to two quarters,&#34; adding that &#34;another possibility is that the impact of tariffs on prices will last longer.&#34;</p>

<p>Alberto Musalem, President of the Federal Reserve Bank of St. Louis, stated in an interview with the Financial Times that Trump's tariff policy could lead to persistently high inflation rates in the United States, and economic uncertainty is expected to last until this summer. He warned that tariffs could push inflation higher "within one to two quarters" and may have a long-term impact on prices</p>

Federal Reserve System executives: Trump's tariff policy may lead to persistently high inflation rates in the U.S