"Federal Reserve Mouthpiece": Concerns over the slowdown in the inflation process stem from three interrelated factors

Golden Ten Data, April 9 — “Federal Reserve mouthpiece” Nick Timiraos: The Federal Reserve meeting minutes show that a “vast majority” of officials believe the pace of easing inflation may be slower than expected, mainly due to three interrelated concerns: the impact of tariffs on goods prices may take longer to dissipate; the pass-through effect of oil prices on core inflation; and several years of inflation rates above the target level, making inflation expectations more susceptible to a new round of shocks.