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Federal Reserve Governor Cook: The impact of tariffs is beginning to transmit, and not lowering interest rates is appropriate

2025-07-17 22:42:27
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ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Quigley stated that the Federal Reserve "should not cut interest rates for a period of time" because the impact of tariffs from the Trump administration is beginning to transmit to consumer prices, and a tight monetary policy is needed to control inflation expectations.

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