- Unpredictability of tariffs means need patience to assess impact on demand, supply
- There will be a period of uncertainty, adjustment as countries respond to US tariffs
- Our focus remains on dual mandate for price stability and full employment
- Not seeing the same degree of impact as previous market events like in 2008
- Closely monitoring exchange rate, response of our trading partners to the US
This article was written by Justin Low at www.forexlive.com.