#FedNews 🌍
💬 Fed Official Musalem on Tariffs & Inflation
According to BlockBeats, Federal Reserve official Musalem highlighted that tariff effects are still rippling through the economy 🌊
and this is expected to continue until mid-next year 📅.
🛒 Retailers feeling the squeeze: Many are pressured to pass on tariff costs to consumers.
📈 Inflation concern: Prices remain a big worry for households.
🎯 Fed’s focus: Musalem stressed the importance of bringing inflation back to 2%, reaffirming the Fed’s full commitment to this target ✅.
The takeaway: Tariffs + inflation = ongoing challenges, but the Fed is firmly focused on keeping prices stable 💵.#economy #Inflation