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Fed Hack: Interest rates should remain unchanged until the situation becomes clearer
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6 hours ago 3,253
Golden Finance reported that Philadelphia Fed Chairman Huck said Thursday that tariffs or trade wars may lead to inflation, and a decline in labor may also lead to inflation, but because many things depend on actual policy details of the Trump administration, the Fed should keep interest rates unchanged at present. "If there is no major change in the inflation trend in the upcoming data, I think it is appropriate to keep it at the current level for a while and let some uncertainty resolve itself," said Hack.
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