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Federal Reserve Meeting Minutes: Most officials believe that tariffs could pose continued inflation risks

5 hours ago

July 10th: The staff of the Federal Reserve anticipate that real GDP growth in 2025 will be greater than what was previously projected, and inflation will be lower than previous expectations. Participants considered that due to the announced and anticipated tariff reductions, the uncertainty regarding the economic outlook has decreased. However, overall uncertainty still remains at a high level. Most officials believed that tariffs could present ongoing inflation risks. (Xinhua News Agency)
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