Newly-released minutes from a meeting of U.S. Federal Reserve policymakers held on April 28–29, 2026 showed concerns regarding inflation level and economic impact brought by the uncertainty of the Middle East situation.
According to the minutes of the Federal Open Market Committee meeting released on Wednesday, a majority of Fed policymakers highlighted that "some policy firming would likely become appropriate if inflation were to continue to run persistently above 2 percent."
Fed officials also believed that recent global energy price increases and developments in the Middle East are exacerbating uncertainty about the U.S. economic outlook.
The minutes showed that the Federal Reserve decided at this meeting to keep the target range for the federal funds rate unchanged at 3.5 to 3.75 percent.
Latest Fed meeting minutes show concerns over inflation, Middle East situation impact
Once confined to the Tibetan plateau as a humble staple, highland barley is now finding its place in China's modern food industry, thanks to the efforts of local young entrepreneurs.
Tashi Norbu, a workshop foreman at Xizang Keyan Agricultural Technology Co., has turned his passion for the crop into a thriving business.
Consulting farmers on harvests and signing contracts early in the season, he ensures steady supplies of the grain that has long sustained Tibetan families.
"I grew up eating tsampa, which is made from highland barley. We eat it for breakfast, lunch, or dinner," said Tashi Norbu.
Last year, the company which Tashi Norbu works for sold three million highland barley products, ranging from cookies to noodles. Spotting a business opportunity, he began visiting various planting bases early this year to sign contracts with farmers.
From the field to the workshop, the transformation of highland barley begins with its refinement through varied processes.
On the traditional water-mill production line, tsampa, butter, and milk residue blend seamlessly, transforming into highland barley cookies suited to modern times.
"I had never imagined before that our highland barley could be transformed into various distinctive products. Now, we can produce fermented foods, specialty noodles, and many other items," said Tashi Norbu.
These products, carrying the flavor of the plateau, are now reaching shelves in big eastern and southern Chinese cities such as Shanghai and Guangzhou, and even have appeared at international food exhibitions.
The company's head Xiaosuodun said that highland barley is not only a product but also a culture, whose flavor evoked home.
"Highland barley is not only a product but also a culture, and its flavor is the flavor of home. Seeking its flavor and promoting its culture will be my lifelong mission," said Xiaosuodun.
Highland barley finds place in China's modern food industry
