Online reports and institutional analysis pointed out that the minutes of the Federal Reserve's June meeting reflected fierce discussions on the future inflation path, and the uncertainty about price trends increased significantly. Some members continue to be concerned about the inflation outlook, believing that additional tariffs may disrupt supply chains, drag down productivity, and trigger a vicious cycle by pushing up medium-and long-term inflation expectations. Another group of members is relatively optimistic, pointing out that the conclusion of a trade agreement and proactive adjustment of the supply chain may cushion the impact. The minutes of the meeting specifically mentioned that "participants reported on a series of assessments from corporate contacts regarding the extent to which tariff-related costs are passed on to consumers." In short, there are many differences of views among all parties but it is difficult to reach a conclusion.