Reported 1 day ago
Federal Reserve officials conveyed concerns that rising U.S. import tariffs will soon lead to increased prices, urging caution before adjusting interest rates until the inflationary effects become clearer. While the White House downplayed the immediate impact of these tariffs on inflation, Fed leaders highlighted a growing expectation of price hikes as inventory strategies are exhausted, with a focus on understanding how consumers will respond to these changes.
Source: YAHOO