Fed’s Musalem: Easing tariff impact will help lower inflation

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Alberto Musalem, President of the Federal Reserve (Fed) Bank of St. Louis, said in an exclusive note he gave on Wednesday that the Oil shock caused by the Middle East war is likely feeding core inflation, he expects it to be near 3% throughout the year.

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/ The Fed's President of St. Louis suggests that easing tariffs could help reduce inflation.
/ The ongoing conflict in the Middle East is contributing to higher oil prices and core inflation.
/ Core inflation is expected to hover around 3% for the year.

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Fed’s Musalem: Easing tariff impact will help lower inflation

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