On Thursday, Federal Reserve Vice Chairman Jefferson declined to give any details on how the Trump administration's sweeping tariffs would affect his views on the outlook for economic and monetary policy, although he seemed to allude to some concerns that they could have a dampening effect on economic growth, the Internet reported. "There is still a lot of uncertainty about trade, and this uncertainty will certainly put pressure on households and businesses to invest," Jefferson said in response to questions about trade policy. He said he was assessing not only the impact of trade policies, but also the net impact of all new policies, including finance, immigration and regulation. "We are in a situation where it's important to take the time to think carefully about their impact."