Fed's mouthpiece Nick Timiraos: "Vast majority" of officials believe the pace of inflation easing may be slower than expected

Odaily News: "Fed's mouthpiece" Nick Timiraos: The minutes of the Federal Reserve meeting show that a "vast majority" of officials believe the pace of inflation easing may be slower than expected. This stems primarily from three intertwined concerns: the impact of tariffs on goods prices may take longer to dissipate; the pass-through effect of oil prices on core inflation; and years of inflation above target levels, making inflation expectations more vulnerable to new shocks. (Jin10)