'Transitory' is back as the Fed doesn't expect tariffs to have long-lasting inflation impacts

Trump tariffs complicate Fed outlook

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed sees inflation threat in Trump tariffs Federal Reserve Chair Jerome Powell ...

The Hill - 6h

Fed cuts US growth forecast as Trump’s policies weigh on outlook

Central bank also lifts inflation projection as chair Jay Powell warns of tariff impact

Financial Times - 7h

Can Trump's tariff threats have an economic impact before they're imposed?

President Trump is threatening to put new tariffs on European alcohol. Meanwhile, Commerce Secretary Howard Lutnick held talks with Canada's finance minister and Ontario's premiere on the tariff ...

CBS News - 6d

What contributed to February's cooling inflation

A better-than-expected inflation report may have contributed to a better stock market performance. Still the trade war is still on, and the European Union announced retaliatory tariffs. Kelly ...

CBS News - Mar. 12

Fed Holds Interest Rates Steady, but Trump’s Tariffs Could Slow Inflation Progress

Tariffs took center stage during the news conference with Jerome H. Powell, the Fed chair, on Wednesday.

The New York Times - 5h

Consumer sentiment plunges on worries about tariffs and inflation

Long-term inflation expectations jumped in March, showing intensifying consumer worries about President Trump's trade wars.

CBS News - 5d

Trump tariffs partly to blame for inflation: Fed chair

"We are not in a hurry," Federal Reserve Chair Jerome Powell said earlier this month.

ABC News - 7h

Fed sees higher inflation and slower U.S. economy due to uncertainty tied to Trump tariffs

Uncertainty spawned by President Trump’s tariffs prodded the Federal Reserve to predict a slower economy and higher inflation this year, complicating its decision on whether to cut interest rates ...

MarketWatch - 5h

Inflation worries resurfaced even before Trump ramped up tariffs. Don’t expect angst to go away.

Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...

MarketWatch - Mar. 11

Fed faces threat from US consumers’ soaring inflation expectations

University of Michigan survey shows American households’ outlook for price growth is at its highest since the early 1990s

Financial Times - 22h

Is the inflation drop good news for mortgage rates?

Inflation fell in February for the first time in five months, which could have an impact on mortgage rates.

CBS News - Mar. 12

Department of Education cuts expected to have 'huge impacts' on teachers

After the Department of Education gutted nearly 50% of its workforce, educators have expressed deep concern -- not only for students' futures but for their own as well.

ABC News - 4d

Inflation and tariffs might scare shoppers. Have they scared CEOs?

Executives are talking a lot about tariffs, but little about a recession. Adobe, Oracle and more retailers report during the week.

MarketWatch - Mar. 9

Kentucky bourbon maker says Trump tariffs immediately impacted his business

President Trump's 25% tariffs on all imported steel and aluminum have taken effect. Victor Yarbrough, CEO of Brough Brothers Distillery, the first African American-owned distillery in Kentucky, ...

CBS News - Mar. 12

Central banks should fear misbehaving inflation expectations

Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appear

Financial Times - Mar. 11

Powell acknowledges ‘uncertainty’ as Fed juggle growth and inflation risks

Bank’s latest projections show officials expect GDP to expand by 1.7 per cent this year

Financial Times - 7h

Treasury yields end higher for second day after CPI inflation data comes in cooler than expected

Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.

MarketWatch - Mar. 12

Another avocado seller is downplaying tariffs — but is still monitoring this Trump policy

Calavo Growers Inc., a company that distributes avocados from Mexico and California, said Wednesday that it didn’t expect any U.S. tariffs on imports from Mexico to have a “meaningful impact” on ...

MarketWatch - 6d

Watch live: Powell speaks as Fed expected to keep interest rates steady

Federal Reserve Chair Jerome Powell will hold a press conference Wednesday afternoon to discuss the Fed's latest decision on interest rates. The Fed is expected to keep interest rates steady amid ...

The Hill - 11h

Federal Reserve holds interest rates steady, but trims growth outlook

Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.

CBS News - 2h

BlackRock's Fink says Trump deportations will have severe impact on agriculture, construction

"I think that over the next six to nine months, we're going to see a little more elevated inflation," Fink said the CERAWeek by S&P Global energy conference.

CNBC - Mar. 10

Fear of a tariff ‘Trumpcession’ puts pressure on Bank and Fed over interest rates

A trade war could push up inflation when both the UK and US economies really need cheaper borrowing. So what’s a central bank to do?. Monetary policymakers on both sides of the Atlantic will be ...

The Guardian - 3d

Inflation rises by 2.8% in February, slightly below expectations

The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.

CBS News - Mar. 12

Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation

Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.

CBS News - Mar. 12

How the sporting goods industry is bracing for tariffs

Economists and industry advocates say tariffs would have a direct impact on the sports world.

ESPN - 5d

Why this week's positive inflation reports won't look as good to the Fed

On the surface, February's inflation data released this week brought some encouraging news.

CNBC - 6d

Federal Reserve cuts US economic growth outlook amid Trump tariffs

Officials raise inflation forecast to 2.7% this year, as Fed chair Jerome Powell says uncertainty is ‘remarkably high’. Officials at the US Federal Reserve cut their US economic growth forecasts ...

The Guardian - 7h

Will Trump's tariffs threaten the Fed's soft landing? Experts weigh in.

The Fed is set to announce a its latest interest rate decision on Wednesday.

ABC News - 17h

The Fed is likely to hold interest rates steady. But some consumer loans are getting cheaper.

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation.

NBC News - 5d

Treasury yields rise as expectations for more inflation increase

U.S. Treasury yields rose on Friday as investors awaited consumer sentiment data and were relieved after tame inflation data this week.

CNBC - 5d

Fed likely to pause rate cuts with clouds gathering over the economy

The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...

The Hill - 1d

Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries

The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.

CNBC - 5d

C.E.O.s Look Beyond a Rosy Inflation Report

Better-than-expected price data can’t quite blunt worries about consumers pulling back, as companies keep scrambling to handle President Trump’s trade fights.

The New York Times - 6d

Price growth cooled more than expected in February, before Trump ramped up tariffs

The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.

NBC News - Mar. 12

Kugler says Fed should hold interest rates amid inflation risks

Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.

CNBC - Mar. 10

Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact

Automakers Volkswagen and Stellantis have confirmed that their vehicles made in North America will be exempt from U.S.

NBC News - Mar. 10

Europe and Canada retaliate against Trump’s steel and aluminum tariffs

President Trump touted better-than-expected inflation numbers Wednesday, as the trade war is escalating. Canada and the European Union announced new tariffs on U.S. goods after Trump’s sweeping ...

NBC News - Mar. 12

Here's what today's CPI report says about inflation

The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.

CBS News - Mar. 12

New China tariffs may mean higher toy prices, but Mattel and Hasbro are working to blunt the impact

Mattel and Hasbro may be forced to raise prices if President Donald Trump’s 20% tariffs on imports from China remain in place, but both companies have mitigation strategies in place.

MarketWatch - 5d

'Transitory' is back as the Fed doesn't expect tariffs to have long-lasting inflation impacts

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