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The Federal Reserve's Collins: Tariffs may push core inflation "well above" 3% this year.
On April 11, The Federal Reserve (FED) Collins stated that the interest rate policy is in good shape, and maintaining stability seems to be the best choice at the moment. The Federal Reserve (FED) may still have room to cut rates this year. The re-emerging price pressures could delay the FED’s rate cuts. Tariffs may cause core inflation to “far exceed” 3% this year. (Jin10)