Two senior officials of the Federal Reserve warned that inflation is the primary threat and may maintain the current interest rate level.

2025-06-06 01:23:55

BlockBeats News, June 6, Federal Reserve Governor Coogler and Kansas Fed President Schmid both said on Thursday that current inflationary pressures are a more pressing risk than a slowdown in the labor market, hinting at support for keeping monetary policy at the current state for longer. In particular, the two officials warned that tariffs could push prices higher in the coming months, and that the effects could be felt gradually over time. The market expects the Fed to keep the current interest rate range of 4.25%-4.50% unchanged at its June policy meeting. (Golden Ten)

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