Federal Reserve Governor Christopher Waller said Monday he expects the effects of President Donald Trump's tariffs on prices to be "transitory," embracing a term that got the central bank in trouble ...
Chicago Federal Reserve President Austan Goolsbee says the Fed is unlikely to cut rates soon. “Before we cut rates more... let's be sure inflation is heading back to 2%,” Goolsbee said. He added that ...
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The Fed's inflation reckoning deja vu
Five years ago, inflation was taking off, and Federal Reserve leaders wrongly believed that it would be transitory. Now, leaders of the central bank are focused on how to avoid repeating that mistake.
US headline CPI showed prices rising 0.9% month-on-month in March, as expected by the market, with a 21.2% MoM jump in gasoline prices contributing the bulk of upside impetus. Airline fares rose 2.7% ...
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Forget tariffs and the Iran oil shock—a top economist says the Fed is blind to the real inflation threat
The distressing inflation data just released raises the crucial question on whether all the good things we’re seeing in the economy—from a confident, big spending consumer to the roaring stock market ...
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