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Fed Minutes Show Diverse Views on Tariffs and Inflation
While generally saying the labor market remains solid and inflation elevated but showing progress toward the Fed’s 2% annual target, the minutes reflect a mixed assessment of whether the tariffs will spur inflation or be more of a one-time hit that will not lead to higher long-term price increases.
Fed Minutes Show Policymakers Split on How Tariffs Might Impact Inflation
The emerging divide among Federal Reserve officials over the outlook for interest rates is being driven largely by differing expectations for how tariffs might affect inflation, a record of policymakers’ most recent meeting showed.
Companies seeking to attract as many workers as they can — and reduce their own wage costs — like to locate in places that ...
Americans' outlook on inflation was little changed last month as households upgraded their views on the state of their ...
When consumers buy more now in anticipation of higher prices — and workers demand higher pay — it can lead businesses to ...
Austan Goolsbee doesn't think that stagflation is possible in the near term, despite rising geopolitical conflicts and ...
Warsh is a visiting fellow at the Hoover Institution and on the short list of candidates to be the next chairman of the Federal Reserve.
Fears earlier this year that President Donald Trump’s tariffs would result in a sharp inflation spike have completely receded ...
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