the latest monetary policy report released by the Federal Reserve to Congress on Friday stated that the U.S. inflation rate has risen, the labor market conditions are stable, but it suggests that the impact of Trump's tariff measures may just be beginning to show, and reiterated the Fed's view that it can wait for more clear situations before taking action. The Fed said in the report: "The impact of this year's increase in import tariffs on U.S. consumer prices is highly uncertain, as trade policy continues to evolve, and it is too early to assess how consumers and businesses will react now. Although the impact of tariffs cannot be directly observed from official consumer price statistics, the net price change patterns of various goods this year suggest that tariffs may be one of the reasons for the recent rebound in commodity inflation." The report also stated that despite the uncertainty, the financial system has always been "resilient."