Fed Whisperer: Today's CPI Report Will Not Change the Fed's Policy Path

BlockBeats News, July 15th, in the latest article from the "Fed's Whisperer" Nick Timiraos, it was mentioned that the inflation data for June might lead Federal Reserve officials to continue to proceed with caution. Those who had predicted that tariffs would trigger more significant price pressures later this year may not have much reason to change their view after seeing the June data—especially if retailers try to delay price adjustments as much as possible. The June data will only make the upcoming July and August data more crucial. Similarly, policymakers who believe that tariffs will not cause significant inflation (because businesses' pricing power is insufficient to support inflation) have almost no reason to change their views after seeing Tuesday's report.