Two senior Federal Reserve officials suggest cautious decision on whether to resume interest rate cuts later this year

Odaily Planet Daily News: Federal Reserve officials pointed out on Wednesday that the significant policy uncertainty caused by tariffs and other issues in the early days of the Trump administration is one of the main challenges in determining the direction of US monetary policy in the coming months. Chicago Fed President Goolsby warned that ignoring the potential inflationary impact of tariffs would be a mistake, while Richmond Fed President Barkin said that at this early stage, it is still unclear whether any tariff cost increases will be absorbed or passed on to consumers. The views of these two officials symbolize the cautious attitude taken by Fed officials in deciding whether to resume interest rate cuts later this year or maintain policy unchanged. (Golden Ten)