Monetary policy

FOMC minutes reveal disagreement on possible tariff impacts

FOMC minutes reveal disagreement on possible tariff impacts

Federal Reserve Federal Reserve officials were split about the potential inflationary impact of higher tariff rates during the central bank’s monetary policy meeting last month. Some members of the Federal Open Market Committee voiced concern that elevated import taxes could result in supply chain disruptions that lead to “persistent effects on inflation, reminiscent of such […]

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Powell: Fed policy review honing in on communication

Powell: Fed policy review honing in on communication

Federal Reserve Board Communication practices have taken center stage in the Federal Reserve’s review of its monetary policy framework.  In a Thursday morning speech, Fed Chair Jerome Powell said communication practices — particularly during times of heightened uncertainty — have been focal points during both internal and external discussions in recent months related to the

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CPI inflation continues to trend down despite tariff rollout

CPI inflation continues to trend down despite tariff rollout

Bloomberg News Prices continued to trend down toward the Federal Reserve’s 2% target last month despite the rollout of sweeping tariff hikes. The Consumer Price Index rose 0.2% in April for an annualized increase of 2.3%. Core CPI, which factors out food and energy, was up 0.2% on the month and 2.8% year over year.

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