Opinion
Federal Reserve faces Trump pressure amid inflation concerns
Now, Mr. Trump’s tariffs will raise prices. With consumer expectations of rising inflation, those won’t be one-off effects, as Treasury Secretary Scott Bessent argues the Fed should believe. Rather, they will become embedded in workers’ wage demands.
President Donald Trump’s tariff policy will likely raise costs for consumers and businesses, but its overall effect on the U.S. economy remains uncertain, which is why the Federal Reserve will ...
The Federal Reserve Bank of Richmond told Virginia lawmakers Wednesday that D.C., Maryland and Virginia could see significant ...
Trump dust-ups, but on the bigger economic news lurking on the bank’s balance sheet.
The lack of uncertainty extends to the Fed, too, Barkin said. The central bank is unlikely to change interest rates until the ...
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