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TechFlow, May 29 — According to Jinshi Data, the minutes from the Federal Reserve meeting revealed that nearly all officials believe inflation could persist longer than expected. Staff noted that the drag from tariff policies on economic activity is greater than they had previously assumed in their forecasts.
According to Jinshi Data, the minutes of the Federal Reserve meeting showed that almost all officials believed inflation could last longer than expected. Staff noted that the drag from tariff policies on economic activity was larger than they had previously assumed in their forecasts.
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