Critics warn that the tariffs will drive up consumer prices and fuel inflation. In theory, the Fed should respond only to demand shocks, unexpected events affecting the demand for goods and services.

The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in ... may have been reworked by the ...

Hammack, who spent three decades at Goldman Sachs Group Inc. before joining the Cleveland Fed last year, said her vantage point as a policymaker is different from the one she had on Wall Street.

If that was a relief to markets — major indexes rose 6% or more and investors cut the expected number of Fed rate cuts this year to 3 from 4 — it highlighted the very uncertainty the minutes ...

Mayor Adams’ office issued an executive order late Tuesday allowing federal immigration agents to operate on Rikers Island again — a move sought by President Trump’s administration that ...

President Trump said in a social media post that he had authorized a 90-day pause on certain tariffs to most countries. Photo: Saul Loeb/AFP/Getty Images Federal Reserve officials highlighted the ...

Trump's Tariffs Put Fed Chair Powell in a 'No-Win Situation'; Fed's March Meeting Minutes Awaited By Vicky Ge Huang President Trump's reciprocal tariffs on nearly 100 nations took effect overnight ...

Should such moves continue, the central bank will need to act, Deutsche Bank AG and Jefferies strategists said, although they differed on how the Fed might do that.

Days after warning of a potential “market dysfunction” in the U.S. Treasury market, economist Craig Shapiro has signaled a significant shift, suggesting the “Fed put” might be nearing ...

Mr Michael Makdad, senior equity analyst at Morningstar, said potential US Fed rate cuts could reduce the banks’ net interest margins, putting pressure on their net interest income. IG market ...

Federal Reserve Chair Jerome Powell said recently that the U.S. economy will likely face a period of higher prices and weaker growth owing to President Trump’s new tariffs. Photo: Tierney L.

Musalem sees US growth below 2% trend, no recession Kashkari says hurdle to cut or hike rates is high Fed policymakers at March meeting worried about hard tradeoffs, minutes show Trump delivers ...