After Rate Hike, Economists Weigh Tariffs’ Role in Inflation
- The Federal Reserve raised its benchmark interest-rate range by one-quarter percentage point, from 3.5%-3.75% to 3.75%-4%, in its first increase in three years.
- President Donald Trump criticized the increase and called for the Federal Reserve to lower interest rates at its next meeting.
- The Federal Reserve Bank of St. Louis estimated that tariffs added between 0.26% and 0.56% to core inflation above the Federal Reserve’s 2% target.
- Economists said future inflation could depend on policies involving tariffs, Canada, Iran, energy, and economic productivity.
198 Articles
198 Articles
Gold fell to $4262 an ounce after falling more than 2% for the week The <p>price of gold fell to $4261.59 an ounce after a weekly drop of more than 2%. Markets are assessing the chance of a new Fed rate hike in That's 65%.</p>
For the first time, it is possible to save money, to save money, to save money, to save money. stope Dolarov index, koji pokazuje vrijednost američke […] Objava Dollar prema košarici valuta ojačao drugi tjedan zaredom pojavila se prvi puta na Novi list.
In commodity markets, the week concluded with expectations of further interest rate increases in the US leading to sell-offs in precious metals. Gold and silver prices fell throughout the week in line with these developments. Markets were shaped by expectations regarding the course of US-Iran relations. Here's a look at the week...
The price of the dollar rebounded this week after reaching a historic minimum on September 17th.
The Bloomberg Dollar Spot index has gained about 2 percent in the last two weeks, being its highest level since last July.
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