Federal Reserve's Mester: Tariff Impact Still Feeding Through to Economy, Crucial to Return Inflation to 2%

BlockBeats News, October 18, Federal Reserve's Mester: Tariff Impact Still Transmitting to Economy. Tariffs will run through the economy, continuing until mid-next year. Retailers are feeling increasing pressure from tariff pass-through. Inflation remains a very serious issue for consumers. It is crucial for the Federal Reserve to restore the inflation rate to 2%. I am fully committed to the 2% (inflation) target and believe the Federal Reserve is equally supportive of this goal. (FXStreet)