On Thursday, Fed Vice Chairman Jefferson declined to disclose any details on how the Trump administration's comprehensive tariffs will affect his views on the outlook for economic and monetary policy, although he appears to hint at some concerns about its possible suppression of economic growth. “There is still a lot of uncertainty in trade, which certainly puts pressure on household and business investment,” Jefferson said in response to questions about trade policy. He said he is not only evaluating the impact of trade policies, but also the net impact of all new policies, including finance, immigration and regulation. “We are in a situation now that it is important to take time to think carefully about their impact.”