Economists: Powell may lack information on the impact of tariffs on inflation.

Natixis economist Benito Berber said that Federal Reserve Chairman Powell may have nothing to say about the impact of tariffs on inflation because goods shipped from China after "tariff liberation day" have not yet landed in the U.S. market. Berber expects the inflation impact to show in June and predicts that the Fed will stay put until September, when it will begin cutting rates and continue until 2026.