According to Odaily Planet Daily, the Federal Reserve meeting minutes mentioned that regarding the inflation outlook, participants generally expected that, under appropriate monetary policy, inflation would remain high in the short term and then gradually decline to 2%. Some participants noted that business contacts indicated that they would gradually raise prices due to rising input costs caused by tariffs. Although there is still uncertainty about the impact of tariff increases on inflation this year, most participants expected these effects to be fully apparent by the end of next year. Some participants believed that the labor market is not expected to become a source of inflationary pressure. (Jinshi)