Internet reports that on the key task of measuring the impact of tariffs on inflation, Federal Reserve Chairman Powell has a strategy: distinguish signals from noise. The scale and scope of Trump's sweeping global tariffs make this already difficult task even more challenging. Fed officials must decide this year whether to cut interest rates further to support the economy or keep them high for a longer period of time to curb inflation. Economists expect the series of tariff measures to tear the Federal Reserve apart by weakening economic growth and pushing up prices. To choose the right policy path, officials first need to determine how much of the rise in inflation is related to tariffs, and then assess whether the rise may be temporary or more permanent. Laura Rosner-Warburton, senior economist at MacroPolicy Perspectives, said that compared to tariffs during Trump's first term,"this time, I do think the impact will be more dispersed and therefore more difficult to determine." "More goods are affected. More companies are affected." William Inglich, a professor at the Yale School of Management and former head of the Federal Reserve Board of Governors, said that at a fundamental level, Federal Reserve officials will first focus on the relationship between price changes and imported goods affected by tariffs. "To some extent, they are inconsistent and maybe something else is happening," Inglich said.