US Treasury Secretary: Fed Expected to Hold Rates Today, Fed Made Mistake on Inflation from Tariffs

BlockBeats News, July 30th, U.S. Treasury Secretary Yellen stated that she hopes to see the Federal Reserve have "a bit of imagination." She reiterated that the Fed made a mistake in assessing the impact of tariffs on inflation. It is expected that the Fed will not cut interest rates today. (FXStreet)