Fed Officials Warn of Rising Inflation Due to U.S. Import Tariffs

Name: Fed Officials Warn of Rising Inflation Due to U.S. Import Tariffs
Uploaded: 2025-05-21
Description: Federal Reserve officials warned that rising U.S. import tariffs are driving up prices, raising concerns about whether the resulting inflation will be temporary or long-lasting. Atlanta Fed President Raphael Bostic noted that businesses are passing tariff costs to consumers, while uncertainty around Trump administration policies continues to cloud the Fed’s interest rate decisions.

Federal Reserve officials warned that rising U.S. import tariffs are driving up prices, raising concerns about whether the resulting inflation will be temporary or long-lasting. Atlanta Fed President Raphael Bostic noted that businesses are passing tariff costs to consumers, while uncertainty around Trump administration policies continues to cloud the...

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21/05/2025 02:26 MYT

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