Inside the Fed, fears increase that Trump tariffs would boost inflation

There’s a growing sense among some inside the Federal Reserve that President Donald Trump’s willingness to use tariffs as a tool to accomplish his administration’s aims will end up boosting inflation, at least temporarily.

Topics

Fed officials are raising concerns about the impact Trump's tariffs could have on inflation

Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing their hand.
CNBC - 1d
Top Fed official says it would be ‘mistake’ to ignore Donald Trump’s tariffs

Austan Goolsbee warns it is ‘dangerous’ to overlook potential supply shocks triggered by trade war
Financial Times - 1d
Will Trump's tariffs increase construction costs for Americans?

Americans may see an increase in costs for building materials after President Trump imposed new tariffs on Canada, which contributes lumber to the U.S. CBS News business contributor Javier David ...
CBS News - 3d
Trump faces backlash from business as tariffs ignite inflation fears

Experts warn aggressive trade measures against US allies will hurt consumers and roil supply chains
Financial Times - 3d
High Inflation and New Tariffs Will Make the Fed’s Job Tougher

Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
The New York Times - 6d
Trump says the Fed "has failed" to stop inflation

After three consecutive interest rate cuts, the Federal Reserve has decided to hit the pause button, citing a solid job market and stubborn inflation. CBS News MoneyWatch correspondent Kelly ...
CBS News - Jan. 29
Trump accuses Fed, Powell of creating inflation on heels of rate decision

Trump, who appointed Jerome Powell as Fed chair, has called for lower interest rates and said the president should get a say on the Fed's rate decisions.
CNBC - Jan. 29
Trump’s Tariffs Scramble Fed’s Interest Rate Calculus

Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates.
The New York Times - Jan. 29
Fed braces for Trump inflation bump

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...
The Hill - Jan. 8
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation

Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.
MarketWatch - Jan. 8

More from MarketWatch

E.l.f. Beauty stock sinks after cosmetics maker trims outlook. Its CEO says shoppers are focused on bigger matters.

Shares of E.l.f. Beauty Inc. tumbled after hours on Thursday after the cosmetics maker trimmed its full-year outlook, citing “softer-than-expected trends in January.”
MarketWatch - 12m
Skyworks’ stock sinks as Apple setback is a ‘nightmare realized’

Skyworks’ stock saw its worst day in more than four decades, with analysts noting that Broadcom seems to have gotten in on the action for a lucrative iPhone socket.
MarketWatch - 29m
Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead

Amazon shares slid after the online-retail and cloud-services giant offered a first-quarter outlook that came up short of Wall Street’s expectations while forecasting bumpy trends in its cloud ...
MarketWatch - 38m
I bought a home with my parents. What will the taxes be when I sell?

‘Can I prove this is my primary residence?’
MarketWatch - 58m
My husband and I are in our 50s — and 85% invested in stocks. Is our strategy too aggressive for the next 10 years?

“Our funds and our tech stocks have done well over the years.”
MarketWatch - 1h

More in Business

Amazon's quarterly beats took a back seat to a couple dings we're not going to sweat

We don't see these items as thesis-changing.
CNBC - 8m
E.l.f. Beauty stock sinks after cosmetics maker trims outlook. Its CEO says shoppers are focused on bigger matters.

Shares of E.l.f. Beauty Inc. tumbled after hours on Thursday after the cosmetics maker trimmed its full-year outlook, citing “softer-than-expected trends in January.”
MarketWatch - 12m
Government Agencies Cancel Politico Pro Subscriptions

The U.S.D.A. said Thursday that it had canceled its subscriptions to Politico Pro, a news and information service aimed at policy professionals.
The New York Times - 16m
Roblox CEO talks growth goals after earnings: 'There's a huge market out there'

In a Thursday interview with CNBC's Jim Cramer, Roblox CEO Dave Baszucki reflected on the most recent quarter.
CNBC - 18m
Skyworks’ stock sinks as Apple setback is a ‘nightmare realized’

Skyworks’ stock saw its worst day in more than four decades, with analysts noting that Broadcom seems to have gotten in on the action for a lucrative iPhone socket.
MarketWatch - 29m