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MNI: Fed's Inflation Fears Back On Rise, Even Before Tariffs

Former Fed officials and economists discuss the inflation outlook.

MNI (LONDON) - Bumps along the road to disinflation are likely raising concern inside the Federal Reserve that the swift return to price stability which looked all but assured a few months ago is now drifting from view, former Fed officials and staffers told MNI.

The Fed is expected to issue fresh projections at this week's meeting showing inflation numbers revised higher and a shallower path of interest rate reductions in 2025 – even without incorporating potential tariffs of 25% on Canadian and Mexican imports, 10% on Chinese goods or restrictions on immigration promised by President-elect Donald Trump. 

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MNI (LONDON) - Bumps along the road to disinflation are likely raising concern inside the Federal Reserve that the swift return to price stability which looked all but assured a few months ago is now drifting from view, former Fed officials and staffers told MNI.

The Fed is expected to issue fresh projections at this week's meeting showing inflation numbers revised higher and a shallower path of interest rate reductions in 2025 – even without incorporating potential tariffs of 25% on Canadian and Mexican imports, 10% on Chinese goods or restrictions on immigration promised by President-elect Donald Trump. 

Keep reading...Show less