Federal Reserve meeting minutes: US economy faces risks of high inflation and low growth

Odaily Planet Daily News: Federal Reserve policy makers almost unanimously agreed at last month's meeting that the US economy faces the risk of both rising inflation and slowing growth. Some policy makers pointed out that the Fed may face a "difficult trade-off". The meeting on March 18-19 was held after the Trump administration's initial tariff plan, which increased uncertainty about the economic outlook and led attendees to lean towards a "cautious approach". If inflation persists, they can choose to maintain higher interest rates for a longer period of time, or if a weak economy requires more direct attention, they can choose to cut interest rates. The participants evaluated that the uncertainty of the economic outlook has increased, and almost all participants believe that inflation risks tend to rise and employment risks tend to fall