Federal Reserve's Collins: Tariffs Could Push Core Inflation 'Well Above' 3% This Year

BlockBeats News, April 11: Federal Reserve's Collins stated that the interest rate policy is in a good place, and maintaining stability appears to be the best option for now. There may still be room for interest rate cuts by the Federal Reserve this year. Resurfacing price pressures could deter the Fed from cutting rates. Tariffs may push core inflation to "well above" 3% this year. (FXStreet)