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Federal Reserve's Mester: Inflation Faces Upside Risks, Dollar Depreciation Could Fuel Inflation
BlockBeats News, July 10th, Federal Reserve's Mester: Economic Situation Good, Labor Market at or Near Full Employment. Some Upside Risks to Inflation. Monetary Policy Moderately Restrictive, Financial Environment Supportive of Economic Growth. Recent Inflation has Shown Some Positive Trends, but Future Outlook is Expected to Rise Due to Tariffs. High Profit Margins Provide Some Room to Absorb Tariffs, and Dollar Depreciation May Push Inflation Upward. (IG)
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