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Musalem says too soon to know if tariff inflation will be temporary, reinforcing Fed divide
St. Louis Fed president Alberto Musalem said Thursday he is undecided about whether tariff inflation will be a one-time increase or longer lasting, underscoring the uncertainty about what direction the central bank will move in the coming months.
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.
Brazil’s annual inflation ticked up further above target as US President Donald Trump rattled Latin America’s largest economy ...
Most of the Bank of Mexico's governing board supports smaller cuts to the key interest rate, minutes from June's rate ...
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Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...
An easing of food price rises and a high base likely helped Indian inflation slow to a more than six-year low in June, ...
Agnico Eagle Mines stock has generated inflation-beating returns over the past decade, and the gold stock retains strong ...
When consumers buy more now in anticipation of higher prices — and workers demand higher pay — it can lead businesses to ...
Britain suffered higher rates of industrial producer price inflation than previously assumed, according to new indicative ...
The second half of 2025 will be crucial for inflation, as it will deliver a clear verdict on how much President Donald ...
Conagra’s stock was tumbling toward a 13-year low Thursday after another earnings miss, as consumers continue to struggle and ...
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