Federal Reserve Highlights Ongoing Economic Impact of Tariffs

According to BlockBeats, Federal Reserve official Musalem emphasized that the effects of tariffs continue to permeate the economy, with expectations that this will persist until mid-next year. Retailers are increasingly feeling the pressure to pass on tariff costs, while inflation remains a significant concern for consumers. Musalem stressed the importance of restoring the inflation rate to 2%, expressing full commitment to this target and indicating that the Federal Reserve supports this goal.