Fed officials see inflation risks from Trump's tariffs
The Trump administration's plans for trade tariffs come with inflation risks, three Federal Reserve officials warned on Monday, with one arguing that uncertainty over the outlook for prices calls for slower interest-rate cuts than otherwise.
Will Tariffs Keep the Federal Reserve From Cutting Interest Rates This Year?
Like everyone else, Federal Reserve officials are watching and waiting to see what tariffs Donald Trump will impose and how they will affect the economy.
Top Federal Reserve official says it would be ‘mistake’ to ignore tariff risks
A top Federal Reserve official warned it would be “a mistake” to underestimate the potential for Donald Trump’s planned tariffs to push up prices. Austan Goolsbee, president of the Chicago Fed, on Wednesday said central banks’ tendency to follow “pure economic theory” and ignore supply shocks such as tariffs was “dangerous”.
Fed's Goolsbee warns of potential inflationary impact of tariffs
Chicago Federal Reserve President Austan Goolsbee warned on Wednesday that ignoring the potential inflationary impact of tariffs would be a mistake, citing the COVID-19 pandemic experience where supply chain disruptions drove up inflation.
Fed official: Ignoring supply chain risks from tariffs could fuel inflation
The potential for an escalating trade war and other supply chain disruptions threaten to drive up inflation as happened during the COVID-19 pandemic, the president of the Federal Reserve Bank of Chicago said Wednesday.
Fed officials are raising concerns about the impact Trump's tariffs could have on inflation
Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing their hand.
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Federal Reserve holds interest rates steady as inflation remains above 2%
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Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
Trump’s Tariffs May Complicate Efforts to Tame Inflation
Federal Reserve officials are closely watching the levies, given the expectation that such policies could lead to higher ...
Inflation Is Down to 3%. Why That Isn’t Good Enough.
Even inflation this low could feed consumer frustration, workplace friction and an inflationary psychology.
US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Federal Reserve holds interest rates steady amid inflation uncertainty
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty ...
Federal Reserve's Bowman says further rate cuts should be gradual, cautious
Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors ...
Trump renews feud with Federal Reserve over interest rates, inflation
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring ...
Czech central bank cuts key interest rate to 3.75% as inflation stays higher than expected
PRAGUE (AP) — The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected ...
Fed officials note abundance of uncertainty in Trump's policy moves
Federal Reserve officials on Wednesday pointed to the large policy uncertainty around tariffs and other issues arising from ...