Two top Fed officials signaled caution in deciding whether to resume rate cuts later this year

Odaily Planet Daily News: Federal Reserve officials pointed out on Wednesday that the huge policy uncertainty caused by tariffs and other problems caused by the early Trump administration is one of the main challenges in determining the direction of U.S. monetary policy in the coming months. Chicago Fed President Goolsbee warned that it would be a mistake to ignore the possible inflationary impact of tariffs, while Richmond Fed President Barkin said that at this early stage, it is still impossible to know whether any tariff cost increases will be absorbed or passed on to consumers. The views of these two officials symbolize the cautious approach taken by Federal Reserve officials when deciding whether to resume interest rate cuts later this year or continue to maintain policy unchanged. (Jinshi)