Fed Officials Stick to Cautious Message on Rate Cuts Despite Pressure From Trump
Jerome H. Powell, chair of the Federal Reserve, has made clear that pre-emptive interest rate cuts are not appropriate for the moment.
Inflation (Economics)
Can Trump Fire Powell? He Says He Won’t, But His Fed Battle May Not Be Over.
The president said he has “no intention” of ousting Jerome H. Powell, the Fed chair, but the administration’s willingness to challenge norms regarding the central bank’s political independence is causing concern.
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 growth.
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War, PCE Data Shows
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February.
U.S. Consumer Sentiment Drops as Inflation Anxiety Soars
A new survey from the University of Michigan shows Americans bracing for economic pain as tariffs and policy uncertainty bite.
U.S. Inflation Eased More Than Expected in February
Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
Trump Bows to Economic Reality With Tariff Delays and Exemptions
With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.
Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.
Can the Federal Reserve Look Past Trump’s Tariffs?
Top officials are grappling with how to handle potential price increases caused by the administration’s policies.