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Today: April 11, 2025
Today: April 11, 2025
Ann Saphir

Ann Saphir

Staff Writer

Latest From Ann Saphir

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Trump tariff pause does not change fundamentals for a Fed that sees risks ahead

President Donald Trump's pause on some announced import taxes may have eased the stress building in financial markets for now, but leaves in

Trump tariff pause does not change fundamentals for a Fed that sees risks ahead
Business|Economy|Finance|Political|US

Fed officials signal no plans to ride to the rescue with rate cuts

Federal Reserve policymakers worry U.S.

Fed officials signal no plans to ride to the rescue with rate cuts
Business|Economy|Finance|Political|US

Fed's Goolsbee: Hard data shows economy is solid, but there is fear around tariffs

Chicago Federal Reserve Bank President Austan Goolsbee on Tuesday said while the "hard" data show the underlying U.S. economy is solid, the labor market strong, and inflation

Fed's Goolsbee: Hard data shows economy is solid, but there is fear around tariffs
Business|Economy|Finance|Political|US

Fed officials cautious on rates amid tariff-related inflation risks

By Michael S.

Fed officials cautious on rates amid tariff-related inflation risks
Business|Economy|Finance|Political|US

Fed's Daly says flat progress on inflation hurts confidence in rate cut outlook

San Francisco Federal Reserve Bank President Mary Daly still sees two interest-rate cuts this year as a "reasonable" projection, but the recent plateauing of inflation

Fed's Daly says flat progress on inflation hurts confidence in rate cut outlook
Business|Economy|Finance|Political|US

Trump's auto tariffs complicate Fed's deliberations on rates

President Donald Trump's permanent 25% tariff on imported autos has expanded the global trade war, feeding expectations for higher prices for cars and other products, but

Trump's auto tariffs complicate Fed's deliberations on rates
Business|Economy|Finance|Political|US

Fed should stay put for extended period amid policy uncertainty, Kashkari says

Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday said he's uncertain about the effect of President Donald Trump's tariffs on the U.S. economy, with the

Fed should stay put for extended period amid policy uncertainty, Kashkari says
Business|Economy|Finance|Political|US

Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says

U.S.

Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says
Economy|Finance|Political|US

Fed in no rush to cut rates; Trump disagrees

The Trump administration's initial policies, including extensive import tariffs, appear to have tilted the U.S. economy toward slower growth

Fed in no rush to cut rates; Trump disagrees
Business|Economy|Finance|Stock Markets|US

Cooler inflation paves way for Fed to resume rate cuts in June

Cooler inflation last month leaves the door open for the Federal Reserve to resume cutting interest rates by mid-year, but the central bank remains worried that U.S. tariff

Cooler inflation paves way for Fed to resume rate cuts in June
Business|Economy|Finance|Political|US

Fed Chair Powell signals possible tweaks to 'dot plot' rate-path forecasts

Federal Reserve Chair Jerome Powell on Friday signaled potential changes for the Fed's closely watched "dot plot" interest-rate projections as part of a

Fed Chair Powell signals possible tweaks to 'dot plot' rate-path forecasts
Business|Economy|Finance|Political|US

Powell says tariffs could feed inflation, Fed must wait to determine the impact

Federal Reserve Chair Jerome Powell said it remains to be seen if the Trump administration's tariff plans will prove to be inflationary, mapping

Powell says tariffs could feed inflation, Fed must wait to determine the impact
Business|Economy|Finance|Political|US

US Treasury's Bessent defends Trump tariff upheaval, vows 'maximum sanctions'

U.S.

US Treasury's Bessent defends Trump tariff upheaval, vows 'maximum sanctions'
Business|Economy|Political|US

US economic activity up slightly as tariff worries rise, Fed survey shows

U.S. economic activity has risen slightly but unevenly since mid-January, employment nudged higher, and prices increased modestly, the Federal Reserve said on Wednesday, with

US economic activity up slightly as tariff worries rise, Fed survey shows
Economy|Finance|Political|US

Fed's tools, goals under the microscope as US House task force gets underway

A new task force in the Republican-controlled U.S.

Fed's tools, goals under the microscope as US House task force gets underway
Business|Economy|Finance|Stock Markets|US

Inflation, growth may be in conflict but Fed seen restarting cuts in June

New data may point to emerging tension between the U.S.

Inflation, growth may be in conflict but Fed seen restarting cuts in June
Business|Economy|Finance|Political|US

Potential impact of Trump policies stirring inflation concerns at Fed, minutes show

President Donald Trump's initial policy proposals raised concern at the Federal Reserve about higher inflation, with firms telling the U.S.

Potential impact of Trump policies stirring inflation concerns at Fed, minutes show
Business|Economy|Finance|US

Fed seen on hold until September, with rising bets on earlier rate cut

The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept alive worries over elevated inflation and a decline

Fed seen on hold until September, with rising bets on earlier rate cut
Economy|Finance|Political|Stock Markets|US

Fed officials see healthy jobs market, no rate-cut rush

Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald Trump's policies will affect economic growth and

Fed officials see healthy jobs market, no rate-cut rush
Business|Economy|Finance|Political|US

Fed officials wait for clarity on Trump policies

Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be watching the impact of

Fed officials wait for clarity on Trump policies
Business|Economy|Environment|Finance|Political|US

Fed guided by economic goals and the law, not politics, says Powell

Fielding a range of questions about the imprint of the Trump administration on the U.S. central bank, Federal Reserve Chair Jerome Powell on Wednesday

Fed guided by economic goals and the law, not politics, says Powell
Economy|Finance|Political|US

Scott Bessent wins Senate confirmation as US Treasury secretary

The U.S.

Scott Bessent wins Senate confirmation as US Treasury secretary
Business|Environment|Lifestyle|Political|US

Fire-ravaged Los Angeles braces for toxic rain runoff

Wearing a respirator, goggles, gloves and white protective booties, Shaun Kearney gazed at his house in Sunset Mesa, a coastal community next to Pacific Palisades

Fire-ravaged Los Angeles braces for toxic rain runoff
Uncategorized

Fed's Powell: higher rates may be needed, will move 'carefully'

The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy. While not as hawkish a message as he delivered this time a year ago at the annual Jackson Hole Economic Policy Symposium, Powell’s remarks still delivered a punch, with investors now seeing one more rate hike by year-end more

Fed's Powell: higher rates may be needed, will move 'carefully'

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