According to ChainCatcher and Jinshi News, Chicago Federal Reserve Chairman Goolsbee stated that tariff implementation far exceeds previous model predictions. The Federal Reserve must view the issue from a longer-term perspective, rather than being as volatile as the stock market.

There are internal disagreements within the Federal Reserve about how quickly or to what extent tariff increases will be passed on to consumers, which could lead to supplier bankruptcies. It remains unclear how the Federal Reserve will respond to negative supply shocks.