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)
