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Federal Reserve minutes highlight split over effects of Trump’s tariffs on inflation
The minutes of the rate-setting Federal Open Market Committee, published on Wednesday, showed that “some [members] noted that it would not be feasible or appropriate to wait for complete clarity on the tariffs’ effects on inflation before adjusting the stance of monetary policy”.
Fed Officials Were Divided in July Over Timing of Tariffs’ Effects on Inflation
The written account of the Federal Reserve's July meeting, released on Wednesday with a customary three-week lag, suggested officials were divided over when they could be confident that higher import costs wouldn’t lead to a period of broader,
Incomes are still trailing inflation four years after the pandemic-era surge in prices, causing a financial pinch for many ...
Federal Reserve officials believe inflation from new tariffs is just around the corner, and that American consumers are going ...
The economy could soon see a big drop in shelter prices that slashes the current inflation rate by more than half, Rosenberg ...
For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's ...
Governor Kathy Hochul has said New Yorkers will receive inflation rebate checks of up to $400 this fall despite proposed federal budget cuts that reduced aid to the state.
New York is sending inflation refund checks of up to $400 starting in mid-October. See if you're eligible and how much you ...
Opendoor Technologies has a challenging business model and, on top of that, has executed it poorly. Higher inflation may keep ...
UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of ...
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