US President Trump: Costs down, no inflation. This is very different from what the Federal Reserve and the Fake News Media "want"!
US President Trump: No inflation; reiterates that the Federal Reserve should cut interest rates.
US consumers' expectations of long-term inflation rose to their highest level in three decades amid fears that Mr. Trump's tariffs will lead to higher prices. According to the University of Michigan's Consumer Confidence Survey, consumers expect prices to rise at an annual rate of 3.5 per cent over the next five to 10 years, the highest level since 1995 in data compiled by Bloomberg.
The final forecast for one-year inflation in the United States in February was 4.3%, the highest since November 2023, and the forecast was 4.30%, the previous value was 4.30%. The final forecast for five-to-ten-year inflation in the United States in February was 3.5%, and the forecast was 3.30%, the previous value was 3.30%. The month-on-month increase in consumer long-term inflation expectations surveyed by the University of Michigan was the largest since May 2021.
Federal Reserve Governor Robert Kugler: PCE inflation is expected to be 2.4% in January, and core PCE inflation is expected to be 2.6%; there is still some distance from the 2% target.
Federal Reserve Governor Robert Kugler: PCE inflation is expected to be 2.4% in January, and core PCE inflation is expected to be 2.6%; there is still some distance from the 2% target.
Only 32% of respondents in the latest poll approved of Trump's performance on inflation, which could be an early sign of Americans' frustration with Trump on core economic issues. Click to view...
Federal Reserve Goolsby: Once inflation falls, interest rates can fall further. (Golden Ten)
Federal Reserve policymakers said at a meeting about a week after Trump's inauguration on January 20 that Trump's initial policy recommendations raised concerns about rising inflation at the central bank. According to published meeting notes, participants "generally pointed to upside risks to the inflation outlook" rather than risks to the job market. "Participants specifically cited potential changes in trade and immigration policy, the potential for geopolitical developments to disrupt supply ...
Barron's reports that the Federal Reserve has signaled that it is in no hurry to cut interest rates further as inflation continues to rise. Investors will look to the Fed's meeting notes for clues as to how long interest rates can remain at current levels. President Trump's new fiscal policies, namely deregulation, tax cuts, and potential stimulus measures, could boost economic growth, further reducing the need for continued rate cuts. In addition, tariffs and immigration policies could both exa...
Federal Reserve Governor Barr said the central bank could take action if inflation falls faster than expected or if the labor market becomes weaker than expected.
Mr. Daly said policy needed to remain tight until it saw real sustained progress on inflation. The Fed wanted to proceed cautiously before making the next adjustment. Inflation is gradually coming down, but the process is relatively volatile.
European Central Bank Governing Council Holtzmann said that services and core inflation are worrying. March interest rate decisions will depend on data. (Golden Ten)
Federal Reserve Governor Paul Waller: Expect continued inflation and interest rate cuts this year.