The minutes of the meeting on the Federal Reserve Discount (FED) rate of April 7 and May 8 revealed that those responsible for monetary policy are increasingly restless for imminent economic impacts, mainly due to US commercial policy slowing down its rhythm of investment and expense.
Key points
In general, the directors of the Bank of the Reserve pointed out considerable uncertainty about perspectives.
Although most directors described recent economic conditions as generally stable, they also expressed concern about the potential impact of the evolution of commercial policies and others on economic activity, prices and employment.
In the light of the high uncertainty, many directors had observed that consumers and companies became more cautious about their expense and future plans.
Several directors commented on the expected price pressures related to tariffs, including the highest prices for consumers.
The conditions of the labor market remained healthy, with some directors indicating low rotation and limited dismissals.
Some directors said that companies in their districts had indicated that future personnel reductions could be necessary to absorb the costs associated with tariffs and the reduction of government financing in certain sectors.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
