Federal Reserve officials said "collective ventilation": beware of tariff inflation risks, not eager to cut interest rates.

According to the Wise Finance and Economics APP, among the several Federal Reserve officials who spoke on Friday, no one is in a hurry to lower the benchmark interest rate. This is mainly because economists predict that Trump's tariff measures, which are expected to take effect mainly in April, will last longer and raise consumer prices, hinder job growth, and potentially harm the Fed's dual mandate of controlling inflation and maintaining a high employment rate. As the Fed seeks to balance the risk of potential competition between the dual objectives in the future, taking no action seems to be the best choice.