US EditionFed officials are worried about the inflation impacts from Trump’s policies, minutes show
- Goldman Sachs estimates a nearly 30% probability of market corrections due to rising inflation pressures and political uncertainty ahead of Donald Trump's second presidential term, starting on Jan. 20, 2025.
- The Federal Reserve's December meeting minutes show policymakers are divided on future rate adjustments due to concerns about inflation and economic uncertainty under the incoming administration.
- The Fed projects headline personal consumption expenditure inflation for 2025 will reach 2.5%, an increase from a prior estimate of 2.1%, amid expectations of slower rate cuts next year.
- Markets reacted mutedly to the Fed minutes, with the U.S. dollar index holding steady and equities experiencing a modest relief rally, despite ongoing inflation concerns.
64 Articles
64 Articles
'Deeply worried': Fed officials want to 'slow pace' of interest rate cuts amid Trump fears
One major reason attributed to President-elect Donald Trump's winning of the 2024 election is that voters remained unhappy with the effects that the post-pandemic spike in inflation had on their pocketbooks during the first two years of the Biden administration.However, as The New Republic's Malcolm Ferguson writes, experts at the Federal Reserve are "deeply worried" Trump is poised to send inflation skyrocketing again at a time when it has come…
News24 Business | Rand threatens to break through R19/$ as Trump, US inflation fears stoke dollar gains
The overnight release of minutes from the Federal Reserve's December monetary policy meeting showed officials are concerned that the policies of incoming US present Donald Trump may undermine their efforts to curb price growth.
BSP says uncertainties on Trump's trade policy pose risks to inflation
MANILA — BSP Governor Eli Remolona said on Thursday uncertainties concerning U.S. President-elect Donald Trump’s trade policies pose challenges to inflation. But Remolona said in a speech the Philippines “is in better shape than other countries” in dealing with potential changes in trade and investment policies in the United States. —Reporting by Karen Lema; Editing by Martin […] The post BSP says uncertainties on Trump’s trade policy pose risks…
Fed minutes show policymakers see immigration, tariff shifts creating inflation uncertainty
The Federal Reserve's policymaking arm on Wednesday released the minutes of its most recent meeting in which central bank officials noted that the uncertainty surrounding how President-elect Trump's policies will be implemented is weighing on their outlook for inflation.The Federal Open Market Committee (FOMC) is tasked with making decisions about monetary policy and consists of a rotating group of regional Federal Reserve Bank presidents who se…
Fed officials worry Trump policies may lengthen inflation fight
WASHINGTON: The reality of President-elect Donald Trump’s election victory on a platform of aggressive tariffs and deportation of some immigrants landed hard at the Federal Reserve’s meeting last month, with U.S. central bank officials raising new inflation concerns and staff suggesting the incoming administration’s plans may slow economic growth and raise unemployment. © New Straits Times Press (M) Bhd
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