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The Federal Reserve Board of Governors member Kogler: The impact of tariffs is beginning to transmit, and not lowering interest rates is appropriate.
BlockBeats news, on July 17, Fed Governor Cook stated on Thursday that the Fed "should not lower interest rates for a period of time" as the effects of tariffs from the Trump administration begin to transmit to consumer prices, necessitating a tightening monetary policy to control inflation expectations. (Jin10)