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Fed Minutes Show Diverse Views on Tariffs and Inflation
While generally saying the labor market remains solid and inflation elevated but showing progress toward the Fed’s 2% annual target, the minutes reflect a mixed assessment of whether the tariffs will spur inflation or be more of a one-time hit that will not lead to higher long-term price increases.
The price spikes that were expected to accompany President Donald Trump’s head-spinning tariff regime have not arrived.
Americans' outlook on inflation was little changed last month as households upgraded their views on the state of their ...
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
U.S. stocks closed higher even though Federal Reserve meeting minutes show no hurry to cut rates and Amazon's Prime Day falls ...
Atlanta Federal Reserve President Raphael Bostic warned that effects of President Donald Trump's tariffs could cause ...
By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is ...
We expect that the money supply will continue to grow. In the US, prior to 2008 there was plenty of monetary inflation but no ...
The central bank is on a path to hold steady, reaffirming the view that the economy is in strong enough shape for ...
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