Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said the central bank needed to assess the “scope, magnitude and timing” of President Trump’s policies.
Category: Inflation (Economics)
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Here’s What to Know About Trump’s Tariffs
More than a third of the goods and services imported to or bought from the United States are linked to Canada, Mexico and China. Tariffs could lead to higher prices for consumers.
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You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
The Treasury Department has also eliminated the option of buying as much as $5,000 in extra inflation bonds, beyond the $10,000 annual limit.
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Inflation Ticked Up in December, Fed’s Preferred Measure Shows
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
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High Inflation and New Tariffs Will Make the Fed’s Job Tougher
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
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European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.
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U.S. Economy Grew 2.3 Percent in Fourth Quarter
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
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How Fed Rates Influence Mortgages, Credit Cards, Savings and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
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The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.
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The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.
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Trump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
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Taking Trump’s Tariffs Threats Seriously and Literally
Some analysts increasingly believe the president sees levies as more than a negotiating ploy. To him, they’re a potential source of revenue.