Fed Officials Warn Tariffs May Elevate Inflation and Impact Monetary Policy
TL;DR Summary
Governor Kugler discusses the resilient labor market, moderate economic growth, and the impact of tariffs and policy changes on inflation and economic outlook, emphasizing the need for cautious monetary policy to balance inflation risks and employment stability.
- Speech by Governor Kugler on the economic outlook and monetary policy Federal Reserve Board (.gov)
- Schmid Says Fed Needs Flexibility Given Great Tariff Uncertainty Bloomberg
- Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy CNBC
- Fed’s Kugler: Higher Inflation Bigger Risk Than Weak Employment Barron's
- Fed's Schmid: uncomfortable with looking through tariff-driven price push Reuters
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