#FOMCMeeting Romina77777

#FOMCMeeting Federal Reserve officials were in a communication "blackout" during the last week leading up to the meeting, but before going silent, members

of the Federal Open Market Committee stated that they wanted to see how the economy would respond to Trump's tariffs before taking any policy actions.

Tariffs pose a double threat to the Federal Reserve's dual mandate to maintain low inflation and high employment: not only can import taxes raise prices, but they can also harm the economy, potentially increasing unemployment. If inflation proves to be a greater threat, the Fed may keep interest rates high for a long time,

or, alternatively, may lower rates,

to save the economy if the labor market

begins to deteriorate.