Fed Meeting Minutes: Most Participants Believe Tariffs Could Have a More Persistent Impact on Inflation
BlockBeats News, July 10th: The latest released minutes of the June meeting of the Federal Reserve showed that participants noted the stability of long-term inflation expectations and emphasized the importance of maintaining stability. Several participants commented that short-term inflation expectations had risen, a development that could spill over into long-term expectations or affect price and wage setting in the near term.
While a few participants pointed out that tariffs would lead to a one-time price increase without affecting long-term inflation expectations, most participants indicated that tariffs could have a more persistent effect on inflation. Some participants emphasized that this sustained effect could also influence inflation expectations.
Some participants noted that as inflation has risen for some time, if inflation continues to rise, the risk of losing control of long-term inflation expectations would increase. (Jin10)
You may also like
Gainers
Latest Crypto News
Ethereum ICO Whale with 254,900 Tokens Nearing Liquidation, Deposited 23,000 ETH to CEX in the Past Week
The Central Bank of Russia has confirmed that it may relax cryptocurrency regulation rules.
OECD: Expects the Federal Reserve to "gradually" lower the key interest rate to 3.25% to 3.5%
Asset Management Giant Tidal Investments Acquires Approximately $60 Million in Strategy Stock
A certain whale with a significant BTC short position is planning to long at around $67,000, with the shorts currently showing a profit of $26.83 million.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]