US federal reserve can be in a difficult place with higher prices, slower rental

Washington, April 10 (AP) The prospect of high inflation arising from widespread rates and weaker rent, the Federal Reserve can place a difficult place, Fed policers said in a few minutes of last month meeting. The minutes, released on Wednesday, said that the Fed could keep its benchmark interest rate unchanged if inflation stays stubborn. And they said it could reduce the rate as the growth slows down and unemployment rises. The minutes were for the Fed’s March 18-19 meeting. But if both happened at the same time, the Fed could “possibly difficult trade -in”, some of the 19 officials in the Central Bank’s interest rate committee said. Rising unemployment can often lead to a recession, when the Fed would normally lower its key rate to support more loans and spending and stimulate the economy. Still, Fed officials are likely to be reluctant to cut if inflation has risen, as it usually wants to cool higher prices by keeping the key rate unchanged – or even increasing it if needed. The minutes reflect discussions among Fed officials before President Donald Trump announced on April 2 on April 2, along with a 10% tariff on almost all countries. Trump said on Wednesday that he had interrupted the rates for 90 days, although the 10% service would remain, as well as a large 125% tax on imports from China. The minutes also said that the rates announced before the March meeting – on steel, aluminum and on many imports from Canada and Mexico – many companies have delayed the rental and prices. According to the minutes, several Fed officials said their business contacts “already report increases in costs, possibly pending rising rates,” or “indicated that they would pass on higher input costs to the higher input costs that would result from potential tariff increases.” Many of the same business contacts said they interrupted their decisions due to increased policy uncertainty, “the minutes read. But it remained stubborn, even before the imposition of duties.