Federal Reserve Meeting Minutes: Most Officials Believe Tariffs May Lead to Persistent Inflation Risks

ChainCatcher news, according to Federal Reserve staff, the actual GDP growth for 2025 is expected to be higher than previously predicted, while the inflation rate is lower than earlier expectations.

Participants believe that uncertainty regarding the economic outlook has diminished due to announced and anticipated tariff reductions, but overall uncertainty remains at a high level. Most officials believe that tariffs may lead to persistent inflation risks. (Jin Ten)