Chris Brigati, chief investment officer and managing director of SWBC, said tariffs imposed by U.S. President Donald Trump could increase the risk of U.S. stagflation, in which consumer prices stay elevated while economic growth slows.
Federal Reserve Bank of St. Louis President Alberto Musalem said that while he anticipates price growth to moderate toward the central bank’s 2% goal, it is vital for policymakers to keep inflation expectations in check.
The Fed’s favorite tool to track inflation unlikely to offer ammo for reducing U.S. interest rates
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.
Recent surveys showing a rise in consumer inflation expectations mean the U.S. central bank needs to keep its focus on ensuring price pressures are fully contained, Kansas City Federal Reserve President Jeff Schmid said on Thursday,
Federal Reserve Bank of Philadelphia President Patrick Harker said officials should allow their policy stance to continue to lower inflation, signaling support for holding interest rates steady for now.
Inflation, ECB and Euro
Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov't report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy. Data released Friday showed that consumers slashed their spending by the most since February 2021,
Kenya's consumer inflation rose to 3.5% year-on-year in February from 3.3% a month earlier, the statistics office said on Friday.
John Williams, the president of the Federal Reserve Bank of New York, also spoke about the gold vault underneath the building and Federal Reserve Chairman Jerome Powell's taste in music, including the Grateful Dead.
Since his first day in office, President Donald Trump has been quick to attack climate initiatives and the green energy transition.
Bank of England Deputy Governor Dave Ramsden said on Friday that he saw risks to the BoE's inflation target as being two-sided, rather than skewed downwards as before, though he noted that BoE rate cuts did not necessarily need to be slow.
As has been the case for years, prices drive so much of Americans' larger views: they say this factors the most into their assessment of the overall economy — which most continue to say is bad. And then among those who say their own finances aren't good,
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