John Lonsky, head of the Lunusky Group, breaks Donald Trump's economic agenda when he joined Warren and the Company.
One three Federal Reserve officials said on Thursday that while they still think inflation will cool over time to pave the way to reduce interest rates as the most likely scenario, uncertainty about the president. Donald Trump Business, immigration, and other policies can lead to different results.
Atlanta President Rafael Bostic said his “main expectation” is that central bank policymakers can continue with two reductions to 25 base points later this year, but “uncertainty around it is very important … There is a lot of that can happen to be affected in both directions. “
Bush is not a voter member Federal Reserve The monetary policy committee told reporters this year, but he did not think the US economy would face inflation in a row, and noted that with 4 % unemployment, the job market is healthy.
However, he added that there is both enthusiasm and “widespread” among jobs on how new import taxes, immigration laws and regulatory changes affect economic prospects.
MPs fed with tariffs on concern about higher inflation show
Federal Federal President Atlanta, Rafael Bush, said jobs are concerned about rising costs, which are likely to convey them to consumers at higher prices. (Photographer: Valerie Polch / Bloomberg through Getty Images / Getty Images)
President Trump has issued several tariff threats against major trade partners such as China, Canada and Mexico since his tenure, as well as imported cars, pharmaceuticals and semiconductors.
“In short, audiences are worried Tariffs can increase costs“Many feel that if that happens, they can afford higher costs at their prices,” said Bush said. “
The stubborn inflation kept price growth rate above 2 % of the Federal Reserve. Consumer Prices have increased 3 % Annually in January, which was the fastest speed since June.
Among the economic uncertainty, the Federal Reserve left its federal fund rates in a range of 4.25 % and 4.5 % at its last policy session and is expected to do so at its next meeting on March 18-19 Because policymakers seek transparency in clarity, the economic impact of Trump's policies.
Host serves as a call for Trump supervisor to the Federal Reserve in the midst of fighting inflation
The Federal Federal President of Chicago said Trump's tariff programs could inflation from his first tariffs. (Vincent Alban / Bloomberg via Getty Images / Getty Images)
Federal President St. Louis, Alberto Muslim, said in a statement at the New York Economic Club that changing future policies would pose a risk that inflation could be stopped or higher at a higher rate than 2 % federal target.
This requires the central bank to refrain from lowering rates for a long time, and at worst if the job market is weakened, will have to choose between Fighting inflation At a higher rate or cushioning the economy with easier policy.
“The market and some poll measures show that expectations close to inflation have been significant over the past three months,” Mosul said. If inflation is to the high level of its current target or that expectations increase, “a route more restrictive than monetary policy than the basic path may be appropriate.”
Experts say tariffs can be in the federal federal rate reduction programs.
Consumers continue to continue their family budget with high inflation. (Scott Olson / Giti Pictures / Giti Pictures)
“Before the increased uncertainty about economic and geopolitical policy, the overall inflation vision seemed” very good “,” said Federal Federal Federal President Chicago.
He pointed out that tariffs imposed by President Trump In his first period, he had no material impact on inflation, to some extent because they were strongly proportionate and adequate exemptions that the supply networks were not affected.
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But given that Trump is currently expanding wider and higher tariffs, Goolsbee said the effect of inflation “depends on how many countries they want to use and how big they are. Arrives like Shock to the sizeThe more nervous you have to be. “
Reuters was involved in this report.