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“Fed Whisperer”: Concerns about the slowdown in inflation progress stem from three intertwined factors

BlockBeats News, April 9, Federal Reserve “mouthpiece” Nick Timiraos stated that the minutes of the Federal Reserve meeting indicate that a “vast majority” of officials believe the pace of inflation easing may be slower than expected, primarily due to three intertwined concerns: the impact of tariffs on goods prices may take longer to dissipate; the transmission effect of oil prices on core inflation; and years of inflation rates above target levels, making inflation expectations more susceptible to new shocks. (Jin10)