07
May
Fed and Powell face ‘tug-of-war’ with Trump and his tariffs looming
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The biggest question facing the Federal Reserve as it gathers again this week is how to grapple with a tariff-related “tug-of-war” between sticky inflation and a slowing economy — as well as a president who wants looser monetary policy. How that dilemma gets resolved could mean two very different courses for interest rates in the coming months. President Trump has made his views known in recent weeks: He wants rates lowered ahead of any slowing of the economy possibly triggered by his trade policies. And he is not happy with... Read More



