BlockBeats News, October 9th: The Federal Reserve meeting minutes mentioned that, regarding the inflation outlook, participants generally expected that, under appropriate monetary policy, inflation would stay at elevated levels in the near term and then gradually decline to 2%. Some participants noted that business contacts indicated they would gradually raise prices due to input cost pressures arising from tariffs.
Although the impact of this year’s tariff increases on inflation remains uncertain, most participants expected these effects to be fully realized by the end of next year. Some participants believed that the labor market was not expected to be a source of inflationary pressures. (FXStreet)
