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WASHINGTON: A senior US Federal Reserve official has said President Donald Trump’s tariff measures are pushing up the risk of ...
In a dramatic move Wednesday, Trump authorized a 90-day pause in the higher tariffs for most countries he announced last week while maintaining a 10% universal tariff.
Federal Reserve officials are prepared to hold their policy rate steady to minimize the risk that President Donald Trump’s ...
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 minutes from ...
U.S. Federal Reserve policymakers were nearly unanimous at their meeting last month that the U.S. economy faced risks of ...
Traders on Wednesday sharply trimmed their bets on Federal Reserve interest-rate cuts after U.S. President Donald Trump said ...
Some policymakers at last month’s meeting warned of difficult trade-offs that loom if inflation rises and hiring deteriorates ...
Minneapolis Fed President Neel Kashkari said tariffs will result in higher inflation, at least in the near term, and higher ...
The central bank’s “first priority must be keeping long-run inflation expectations anchored,” Kashkari says.
The patience reflects the fact that the Fed is grappling with a trade war as inflation consistently remains above the central ...
Markets have been trained to expect lower rates at the first sign of volatility. Powell mustn’t give in to temptation.
In an interview Monday, BlackRock CEO Larry Fink suggested that the latest Trump tariffs could inflame inflation, requiring ...