Federal Reserve's Barkin: The FOMC needs some time to gain a clear understanding of the impact of tariffs.

Golden Finance reports that The Federal Reserve (FED) official Barkin stated that the basic assumption is that the FOMC will need some time to gain a clear understanding of the impact of tariffs. Suppliers are more confident, and they will have to pass higher prices onto consumers. Consumers express that they are tired of paying higher prices.

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