Federal Reserve Governor Adriana Kugler cautioned on Wednesday that recent disinflation in the US economy has slowed, with some price pressures even increasing. Speaking in New Jersey, she noted that while inflation fell sharply from its 2022 peak, progress toward the Federal Open Market...
Federal Reserve Bank of Richmond President Tom Barkin noted Tuesday that the bond market is increasingly signaling recession risks.Speaking at the Council on Foreign Relations, Barkin emphasized the prevailing uncertainty in the economy, stating, "We are all driving in the fog." He highlighted that...
Federal Reserve Bank of New York President John Williams told Yahoo on Monday that these are the "early days" of figuring out the impact of tariffs."There is still a lot of uncertainty around tariffs. The details matter," Williams insisted, adding that he wants to keep an eye on data to see how...
Federal Reserve Bank of Richmond President Tom Barkin said on Thursday that the bank's current moderately restrictive policy is a "good place to be" considering the uncertainty caused by the federal government policies, including United States President Donald Trump's tariffs."At our last meeting,...
Federal Reserve Bank of St. Louis President Alberto Musalem revealed on Wednesday that the labor market is currently "at or close to full employment."Musalem noted the heightened risk of inflation remaining above the Fed’s 2% goal due to tariff changes and other factors, stressing the...
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