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Musalem says too soon to know if tariff inflation will be temporary, reinforcing Fed divide
St. Louis Fed president Alberto Musalem said Thursday he is undecided about whether tariff inflation will be a one-time increase or longer lasting, underscoring the uncertainty about what direction the central bank will move in the coming months.
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 Fed’s median target rate is still well above the annual pace of consumer inflation. The odds are low that Fed will cut ...
ToplineThe Federal Reserve still believes tariffs complicate the interest rate cut picture, even as President Donald Trump ...
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
It's too soon to tell if tariffs will have a lasting impact on inflation, St. Louis Fed President Alberto Musalem said on ...
The emerging divide among Federal Reserve officials over the outlook for interest rates is being driven largely by differing ...
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel ...
Americans' outlook on inflation was little changed last month as households upgraded their views on the state of their ...
White House budget director Russell Vought is suggesting that Federal Reserve Chair Jerome Powell is in violation of ...
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...
Gold held steady after the latest Federal Reserve minutes showed officials are divided over the outlook for interest rates.
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