News

Tariff-Induced Inflation Surge May Be Temporary, Fed Official Says
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
Fed's Kugler, Citing Inflation Risks, Supports Steady Policy Rate
(Reuters) -Federal Reserve Governor Adriana Kugler said on Tuesday that with U.S. import tariffs significantly larger than ...
Presidents have long criticized the Fed. It usually backfires.
Like his predecessors, Trump may have belatedly discovered that criticizing the Fed in public doesn’t typically work.
The Fed Must Keep Tariff-Driven Inflation in Check, Kashkari Says
It’s up to the Fed to ensure that President Trump’s tariffs don’t lead to a lasting rise in inflation, said Minneapolis Fed ...
Fed's Powell says tariffs could lead to inflation, economic slowdown
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
Consumer sentiment falls to lowest level since postpandemic inflation peak
Consumer sentiment nosedived in April to the lowest level since the peak of the post-pandemic inflation surge as President ...
Federal Reserve Can ‘Look Through’ One-Time Price Increases, Says Waller
A top Federal Reserve official warned new tariffs might slow the economy, and suggested rising unemployment—not higher ...
Political interference with the Fed would mean worse inflation and higher unemployment, top official says
Trump ramped up the pressure on Jerome Powell on Monday, calling the Fed Chair "Mr. Too Late" and a "major loser" on Truth ...
With inflation progress slow, Fed's Daly says rate cuts may need to wait
San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple of ...
Kashkari Says Fed Must Ensure Tariff Inflation Not Persistent
Federal Reserve Bank of Minneapolis President Neel Kashkari said it’s the central bank’s job to make sure tariffs don’t spur ...
Fed’s Hammack: “Soft Data” Signals Concerns About Higher Inflation
Beth Hammack, president of the Cleveland Federal Reserve, is watching travel and shipping numbers to get a better handle on ...