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Trump tariffs get to stay in place for now. What happens next?

时间:2010-12-5 17:23:32  作者:Economy   来源:Soccer  查看:  评论:0
内容摘要:Anok Yai attends The Metropolitan Museum of Art’s Costume Institute benefit gala celebrating the opening of the “Superfine: Tailoring Black Style” exhibition on Monday, May 5, 2025, in New York. (Photo by Evan Agostini/Invision/AP)

Anok Yai attends The Metropolitan Museum of Art’s Costume Institute benefit gala celebrating the opening of the “Superfine: Tailoring Black Style” exhibition on Monday, May 5, 2025, in New York. (Photo by Evan Agostini/Invision/AP)

, “almost all” of the 19 officials that participate in the Fed’s meetings on policy saw a risk that “inflation could prove to be more persistent than expected.” The policymakers showed greater concerns about higher inflation than rising unemployment, the minutes showed, a key reason they left rates unchanged.Their decision flew in the face of Trump’s

Trump tariffs get to stay in place for now. What happens next?

to reduce borrowing costs because, in his view, there is “NO INFLATION.” The central bank, led by Chair Jerome Powell, cut its key rate three times last year to about 4.3%. Federal Reserve staff economists said during the meeting that inflation “remained elevated,” the minutes showed.Trump’s tariffs have created a dilemma for the Fed because the duties could both— which the Fed would typically fight with higher interest rates — and slow the economy and push up unemployment, which the central bank usually tries to counter with lower rates.

Trump tariffs get to stay in place for now. What happens next?

Officials “judged that downside risks to employment and ... upside risks to inflation had risen, primarily reflecting the potential effects of tariff increases,” the minutes said.Since the meeting, many officials have underscored that the Fed may have to wait for some time before making any further moves with interest rates.

Trump tariffs get to stay in place for now. What happens next?

Policymakers said there was “considerable uncertainty surrounding the evolution of trade policy” and its impacts on the economy, the minutes said.

“Taken together, (officials) saw the uncertainty about their economic outlooks as unusually elevated,” the minutes said.Charlotte (8-8-1) won for just the second time in eight games. Toronto (3-10-4) had two wins and five losses in the month of May.

Biel opened the scoring in the 56th minute. Liel Abada cut inside the penalty box to draw defenders and fed an unmarked Biel for a tap-in.Agyemang scored his sixth goal of the season in the 90th.

Charlotte outshot Toronto 18-7 (9-2) in shots on target.David Bingham, making his first league start since October 2023, replaced Kristijan Kahlina, last year’s MLS Goalkeeper of the year, in the Charlotte goal.

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