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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
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Fed Minutes: Fed staff lowered inflation expectations for the June meeting.
BlockBeats news, on August 21, Fed meeting minutes: Some attendees expressed that waiting for the full clarity of tariffs' impact on inflation before adjusting monetary policy is neither feasible nor appropriate. Most officials believe that the Fed's policy is already in a favorable position. Attendees also pointed out that it will take time to better understand the magnitude and persistence of high tariffs' impact on inflation. Fed staff lowered the inflation expectations from the June meeting; however, they still expect tariffs to push prices higher. (Jin10)
On August 21, the Federal Reserve meeting minutes revealed that some participants indicated that waiting for the full impact of tariffs on inflation to become clear before adjusting monetary policy was neither feasible nor appropriate. Most officials believe that the Fed's policy is in a favorable position. Participants also noted that it will take time to better understand the extent and persistence of the impact of high tariffs on inflation. The Fed staff downgraded the inflation expectations from the June meeting; however, they still expect tariffs to push prices higher.