News list for " Downplay"

Trump's nominee for the Federal Reserve has played down the impact of tariffs on inflation

On February 18, Federal Reserve Governor Paul Waller said that his basic view is that the Trump administration's new tariffs will only have a modest impact on prices, which the central bank should try to ignore when setting monetary policy. Waller said that uncertainty about the impact of trade or other government policies should not prevent the Federal Reserve from taking action, just as neither the Russia-Ukraine conflict in 2022 nor the collapse of Silicon Valley Bank in 2023 prevented the Fe...

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2025-02-17 23:14:35