Federal Reserve Official Milan Says Tariffs Not Impacting U.S. Consumers

Board member Milan stated that current tariff measures are not translating into higher costs for American consumers.

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Terms & Concepts
  • Tariffs: Taxes imposed by a government on imported goods, often used to protect domestic industries or generate revenue.
  • Federal Reserve Board: The governing body of the U.S. central bank, responsible for setting monetary policy and overseeing banking operations.