Fed’s Kashkari Calls for Steady Rates, Awaits Clarity on Tariff Impact

The Fed is having a ‘healthy debate’ about whether Trump tariff inflation will be transitory: Kashkari - Overpasses For America

· REUTERS / Reuters · REUTERS / Reuters Story Continues · REUTERS / Reuters Click here for in-depth analysis of the latest stock market news and events moving stock prices Read the latest financial and business news from Yahoo Finance Source link

Fed’s Barkin Says Businesses on Hold Amid Elevated Uncertainty

Federal Reserve Bank of Richmond President Tom Barkin said elevated uncertainty has led businesses to freeze hiring and hold off on future investment decisions.

Fed’s Kashkari calls for steady rates, awaits clarity on tariff impact

By Leika Kihara TOKYO (Reuters) – Federal Reserve Bank of Minneapolis President Neel Kashkari on Tuesday called for keeping interest rates steady until there is more clarity on how higher tariffs affect inflation, warning against looking through the impact of such supply price shocks. The shock to the economy from President Donald Trump’s sweeping tariffs, and uncertainty over U.S. trade policy, are forcing central banks to decide whether to foc…

According to the director, the shock caused by the commercial war, in addition to uncertainty, is strengthening central banks to decide whether they should prioritise the fight against inflation or support for economic activity.

Fed's Kashkari leans cautious on tariff shock, favors holding rates to anchor inflation expectations - Action Forex

Speaking at the IMES conference in Japan, Minneapolis Fed President Neel Kashkari addressed the growing internal debate within Fed over how to respond to the inflationary effects of new US tariffs. He noted that some policymakers advocate “looking through” these price shocks, viewing them as “transitory”, akin to a one-time upward shift in the price […] The post Fed’s Kashkari leans cautious on tariff shock, favors holding rates to anchor inflat…