Fed officials signal no plans to ride to the rescue with rate cuts

US Fed warns of inflation, slower growth amid Trump's tariffs

WASHINGTON: Policymakers at the US Federal Reserve on Friday warned of higher inflation and slower growth ahead due to Donald Trump’s tariff policy, which has sent shock waves through global markets. © New Straits Times Press (M) Bhd

Fed minutes show worries over stagflation boogeyman ahead of Trump's tariffs

The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot.

Fed officials signal no plans to ride to the rescue with rate cuts

Federal Reserve policymakers worry U.S. President Donald Trump's trade policy could deal a blow to economic growth, but are signaling they will not be quick to ride to the rescue with interest rate cuts because they expect higher tariffs to boost inflation.

Fed Leans Against Inflation and Away From Preemptive Rate Cuts

Federal Reserve officials are prepared to hold their policy rate steady to minimize the risk that President Donald Trump’s tariffs trigger a persistent rise in inflation, even if the labor market softens further.

Fed’s Tightrope: Balancing Inflation and Growth Amid Tariffs

Fed’s Tightrope: Balancing Inflation and Growth Amid Tariffs Federal Reserve officials are grappling with the potential impact of widespread tariffs announced last month, which could bring heightened inflation and weaker hiring. According to minutes from the March meeting, the Fed might keep interest rates the same if inflation stays high or cut them if growth wanes and unemployment rises.The minutes, unveiled Wednesday, highlight a complex scen…

Fed minutes reveal ‘cautious approach’ to cutting rates as risks to economy are mounting

Federal Reserve policymakers were nearly unanimous at their meeting last month that the US economy faced risks of simultaneously higher inflation and slower growth, with some policymakers noting that "difficult tradeoffs" could lie ahead for the central bank, according to the minutes of the meeting.