Federal Reserve meeting minutes: Most attendees believe tariffs could have a more lasting impact on inflation

According to BlockBeats, on July 10th, the latest minutes of the Federal Reserve's June meeting showed that attendees pointed out that maintaining stable long-term inflation expectations is crucial. Several attendees commented that short-term inflation expectations have risen, and this development may spill over into long-term expectations or affect price and wage settings in the short term. Although a few participants pointed out that tariffs will lead to a one-time increase in prices and will not affect long-term inflation expectations, most participants pointed out that tariffs may have a more lasting impact on inflation, and some participants emphasized that this sustained impact may also affect inflation expectations. Some participants pointed out that as inflation has been rising for some time, if inflation continues to rise, the risk of long-term inflation expectations getting out of control will increase. (Golden Ten)