Categories: Economy

Tariffs might push up inflation, price coverage in good place


NEW YORK (Reuters) – Federal Reserve Financial institution of New York President John Williams mentioned on Tuesday that Trump administration tariffs could have some influence on driving up worth pressures however there’s nonetheless a number of uncertainty how this can all play out.

“I do consider some results” from tariffs on inflation that can play out over the 12 months, Williams mentioned at a Bloomberg occasion in New York. He added he views financial coverage as being in a “good place” and “I don’t see any want to vary it” proper now.

(Reporting by Michael S. Derby; Modifying by Chris Reese)

admin

Recent Posts

IMF-World Financial institution conferences finish with little tariff readability, however financial foreboding

By David Lawder, Karin Strohecker, Andrea Shalal WASHINGTON (Reuters) -International finance leaders got here to…

38 minutes ago

US Economic system Was Already Sputtering Earlier than Commerce Ache Kicked In

(Bloomberg) -- Subscribe to Economics Each day for the newest information and evaluation. After cruising…

14 hours ago

People count on the financial system to bitter — here is when the information may present it

People are feeling more and more downbeat in regards to the financial outlook. Some Wall…

20 hours ago

How Powell may gain advantage Trump as a ‘scapegoat’ if financial system slumps

President Trump backed away from his threats to take away Federal Reserve Chair Jerome Powell.…

20 hours ago

Home GOP Drafts Cuts to Federal Worker Pension System

(Bloomberg) -- Federal worker pension advantages are set to be pared again in Republicans’ big…

21 hours ago

What To Anticipate From Wednesday’s Report On Financial Development

Eric Thayer/Bloomberg by way of Getty Photos The U.S. GDP is anticipated to have grown…

22 hours ago