President Trump has relentlessly pushed Powell and the Fed for lower interest rates since earlier this year, calling Powell “Too Late” and a “moron” and arguing that there is “no inflation.”
Inflation is staying level—for now—but the next wave of tariff-driven price increases is already in motion: ‘They are going up, we’ve seen that’
BY CHRISTOPHER RUGABER AND ASSOCIATED PRESS
August 12, 2025
The forecast for the U.S. economy looks cloudy as inflation rises: ‘It would be wise for the Fed to remain on the sidelines’
July 15, 2025
July inflation data suggests the FOMC’s dual mandate may not be in as much of a pickle as economists previously feared.
April's PCE report comes as investors are closely watching for any inflationary impacts from President Trump's tariffs.
Fed Chair Jerome Powell told Congress he expects an inflation surge—but how long and how high is unknown.
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing…
Fed officials are expected to hold interest rates steady at their two-day policy meeting next week.
Treasury Secretary Scott Bessent is pushing for 50 bps to offset missed opportunities earlier this summer, but some analysts warn…
