【Federal Reserve Meeting Minutes: Tariff Effects Still Hold Significant Uncertainty】Golden Finance reports that the Federal Reserve released the minutes from the July meeting, which mentioned that regarding the inflation outlook, attendees generally expect inflation to rise in the short term. They believe that the timing, scale, and persistence of the impact from this year's tariff increases still hold significant uncertainty. In terms of timing, many attendees pointed out that the full impact of higher tariffs may take some time to be reflected in the prices of consumer goods and services. They cited several factors that could lead to this lag, including inventory accumulation in response to tariff increases, the slow transmission of rising input costs to final goods and services prices, gradual updates to contract prices, maintenance of business-client relationships, tariff-related issues, and ongoing trade negotiations.