Reported about 6 hours ago
Federal Reserve officials discussed the potential risks that tariffs imposed by the Trump administration could trigger inflation, emphasizing the difficult position the Fed may face between lowering interest rates to support the economy or maintaining high rates to control rising prices. Despite pressures for lower rates, officials are cautious as job market resilience allows them to prioritize inflation management. Concerns rise about public inflation expectations and the longer-term impact of tariffs on both inflation and employment rates.
Source: YAHOO