Fed minutes show tariffs factored into concerns about higher inflation

Federal Reserve Politics developers have identified the possible impact of trade policy, such as higher tariffs that contribute to their recent concerns about high inflation in minutes.

The ministers released from the Federal Open Market Commission (FOMC) found that policy makers “indicates the disorderly risks in general Inflation worldview“

“In particular, the participants referred to the possible consequences of the possible changes in the trade and immigration policy, the potential of geopolitical developments, to disrupt the supply networks or the expected household expenses,” Feder said.

Fed said that before it still sees that inflation decreases with a 2% of the Central Bank’s target exchange rate.

Tariffs can be put into account of Fed interest rates, inflation concerns, experts say

Fed Chair Jerome Powell and Central Bank Policy Policy held interest interest rates at their recent meeting. (Al Drago / Bloomberg Getty Images / Getty Images)

“Business ties in a number of [Federal Reserve] The regions said the firms would try Switch to consumers Higher incoming costs arising from possible tariffs, “said the months.

Since the most recent Fed match, President Donald Trump It has expanded its tariff plans to include 10% tariffs for Chinese products and 25% steel and aluminum tariffs.

He also postponed 25% tariffs from Mexico and Canada to at least next month, and signal plans on cars, semiconductor and pharmaceutical products at higher and higher tariffs.

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Tariffs are taxes imported goods. Businesses can be spent on higher tariffs for consumers. (Mike Blake / Reuters / Reuters Photos)

Fed Policemakers also mentioned that the main inflation was not slowing as long as it was forecasted in 2024, which was combined with the changes and tariffs of possible trade policy, creates potential. Higher inflationA number

“Risks around the starting point of inflation were considered upside-down, as the main inflation did not come down to 2024, and the changes in trade policy suggested that they did.

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Reuters contributed to this report.