Federal Reserve officials rarely collectively warn of inflation risks
Several senior officials of the Federal Reserve issued a rare unanimous warning on June 3 local time that inflation may rise again, and the proposed high tariff policy by the Trump administration may trigger the risk of "stagflation". Atlanta Fed President Bostic said he hasn't seen enough signs of inflation easing yet, while Chicago Fed President Goolsby said tariffs could cause prices to rebound within weeks. Federal Reserve Governor Cook also reiterated that price stability is crucial for achieving long-term employment, emphasizing that policies need to be prepared for multiple paths. The market generally expects the June meeting to keep interest rates unchanged.