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Based on Jinse Finance sources, Federal Reserve Board member Milan reiterated that the current impact of tariffs on the economy is negligible. Specifically, it is considered that tariff policies play a limited role in controlling inflation in the global economy.
Milan noted that during the process, the labor market is not always sensitive, and managing the process from human expenditure is an example. However, according to federal scholars, there is hope to reduce reliance on inflation policies in the future.