US EditionAs Fed Enters Blackout Period, June Meeting Expected To Hold Rates Steady
- The Federal Open Market Committee will decide on interest rates at its June 11 meeting while members enter a blackout period ahead of this decision.
- The decision follows ongoing economic data showing strong job growth, inflation above the 2% target, and uncertainty about tariff impacts, with President Trump pushing for immediate rate cuts.
- Powell and policymakers maintain that rates will remain steady due to a strong economy, inflation concerns, and the need to assess tariffs' effects which are expected after the meeting.
- The CME FedWatch Tool signals near certainty of no rate change in June, and Powell stated policy depends entirely on forthcoming economic information.
- Holding rates steady suggests monetary policy will continue cautious monitoring of data amid tariff-driven economic pressures and political pressure for cuts remains unmet.
16 Articles
16 Articles
Tariff-induced inflation will not be persistent: Fed official
‘One-time price increase will go down quickly, warrants greater focus on real economy’ Any tariff-induced inflation will be short-lived, and inflation expectations remain anchored, prompting the central bank in the world’s largest economy to cut rates later this year, according to a U.S. Federal Reserve (Fed) official, Monday. A one-time price increase will likely go down quickly, allowing the U.S. monetary policy body to focus more on economic …
Fed’s Waller still open to cutting interest rates later this year
By Michael S. Derby (Reuters) – Federal Reserve Governor Christopher Waller said on Monday that interest rate cuts remain possible later this year even as the Trump administration’s tariff regime is likely to push up price pressures temporarily. Given that a rise in inflation pressures tied to President Donald Trump’s import tax increases is likely not to last, “I support looking through any tariff effects on near term-inflation when setting the…
Fed’s Waller sees path to multiple interest-rate cuts this year
The Federal Reserve will likely be able to lower interest rates this year, and recent data supports this outlook, Fed Governor Christopher Waller said. Article Attribution | Read More at Article Source The post Fed’s Waller sees path to multiple interest-rate cuts this year appeared first on RocketNews.
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