Fed finds a higher price due to impact on tariffs and consumers
Oh Federal Reserve (Fed), Central Bank USAOn Wednesday, the country’s price rise in the country due to the tariffs applicable to products exported by the President Donald Trump And many companies are expected to provide additional costs to the consumer, he said.
In his beige book, the regulatory body analyzes the economic conditions in the 12 districts that divide the country Fed He found that prices have risen in everyone: six and moderately rest, similar to that in the previous report.
“Most districts suggest that companies are offering significant increase in input expenses The result of the tariffs. Many companies have already received notifications from their suppliers about the increase in prices, ”the agency said.
Companies, according to the Fed, have reported “reducing sprinkles or price limits to replace the uncertainty of trade policy.”
“There are reports that the margin compression is in the face of increased costs, as in some sectors, especially consumer organizations,” he said.
The previous report of the American Central Bank was published on March 5, before the President USAWere, and,, and,, and,, and,.. Donald TrumpThe 90 -day partial negotiation is now in effect, with new agreements to intensify the tariff attack against its business partners.
“Economic activity has not changed actually compared to the last time, but uncertainty about international trade policy has spread widespread in all reports,” the document said.
According to the resolutions of FedThe perspectives in many districts have intensified significantly with increasing economic uncertainty, especially in relation to tariffs.
Both rest and business trips have faced a general reduction, and many districts have fallen in the number of international visitors. At the same time, housing sales have increased slightly.
Trump today stated that countries are earning a lot of money from tariffs and partners are contacting his government to close agreements.
“Everyone wants to participate in, even those who have cheated us for many years like China. But this is not just China. It is also European Union”He said.
Trump put pressure on the president FedWere, and,, and,, and,, and,.. Jerome PowellThis moment calls for “perfect”, reducing the basic interest rate in the US since its second term on January 20. He threatened to dismiss him that he did not act quickly in his opinion, but on Tuesday he said he had no intention of doing so.
The rate is from 4.25% to 4.5%, and the next meeting of the Fed Federal Market Committee (FOMC) will be held on May 6 and 7 to assess possible growth or cuts.
