And that can be the case in the case of tariff inflation,” he said at his news conference on Wednesday following the Fed’s ...
Federal Reserve Bank of Atlanta President Raphael Bostic said he now sees just one interest-rate cut as likely this year, ...
Federal Reserve Bank of Atlanta President Raphael Bostic said he now sees just one interest-rate cut as likely this year, ...
Raphael Bostic, President of the Federal Reserve Bank of Atlanta, is backing away from the idea of two rate cuts this year.
Bostic now sees price growth returning to the Fed’s 2% goal at some point in early 2027. That’s in line with his colleagues’ forecasts published at last week’s policy meeting. Officials in September ...
As expected, the Federal Reserve left its benchmark federal funds rate unchanged at its March meeting this week. But the more ...
PM Images/DigitalVision via Getty Images The U.S. Dollar edged a little higher on Monday, continuing its upward trajectory ...
"The word — 'transitory' — is back at the Federal Reserve as Chair Powell characterizes the price effects of tariffs as a one ...
The latest projections suggest a more stagflationary environment, something Fed Chair Jerome Powell dismissed last year.
The Chicago Fed president added that larger tariffs and retaliations from other countries could force the Fed to respond.
That said, Powell is correct that the inflation caused by President Donald Trump’s 1.0 trade war was transitory. Academic ...
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