Fed highlights inflation risks amid Trump’s tariff maneuvering
Wednesday, May 28, 2025, 2:22 pm
Fed officials express concerns that Trump’s erratic tariff policies could worsen inflation, forcing difficult tradeoffs with interest-rate policy. Minutes reveal an unexpected persistence in inflation pressures despite a lesser worry about unemployment. The administration’s protectionist shuffle appears to be fueling economic uncertainty.
Rising inflation and unemployment pose challenges for the Federal Reserve amid tariff uncertainties, as officials weigh economic risks and policy responses.
Fed policymakers were less concerned about rising unemployment, the minutes from this month's meeting showed, a key reason they left rates unchanged.
Officials were concerned that tariffs could aggravate inflation and create a difficult quandary with interest rate policy.
Tariffs, and Trump’s entire economic agenda, were just thrown into chaos CNN
permalink / 4 stories from sources in 2 days ago #trump #trade #tariffs #inflation
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