Fed officials worried about inflation impact from Trump policies, minutes show

Quick Summary:

Rising inflation risks add to arguments for pausing further Fed rate cuts.

Fed staff, whose top members present an economic review and outlook as part of each policy meeting, “highlighted the difficulty” of gaming out what lay ahead.

But the minutes reflected tangible concern at the central bank even as much about the incoming administration’s agenda remains in flux.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Meeting Staff Cuts Changes Inflation Rate Minutes Potential Policy Central Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 07:32:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 585 words

Reading Time: 4 minutes read

Sentences: 14 lines

Sentence Length: 42 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 24987589

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