The Federal Reserve's 'Hawkish Voice' Continues: Inflation Stagnation, Trump Tariffs May Devastate Supply Chains!
On Thursday local time, at least four Federal Reserve officials spoke out, expressing concerns about the inflation outlook in the U.S., fearing that the uncertainty of Trump's policies could disrupt interest rate cut plans:
- Musalem: FOMC voting member and President of the St. Louis Fed believes that the risks of inflation stagnating above 2% or rising are increasing, and that policy should maintain a 'moderately restrictive' stance until inflation clearly reaches the 2% target. While he expects inflation to move towards 2%, changes in government policy could have a significant impact.
- Kugler: Federal Reserve Governor stated that the risks of upward inflation remain, supporting the decision to keep the key policy interest rate unchanged for now. The potential net effects of the new economic policy are highly uncertain, and he also pointed out that no single model can comprehensively represent the state of the economy.
- Goolsbee: FOMC voting member and President of the Chicago Fed stated that there has been progress in curbing inflation, but Trump's new government's tariff policies may have an impact, expressing concerns that large-scale tariffs could disrupt supply and exacerbate inflation.
- Bostic: 2027 FOMC voting member and President of the Atlanta Fed expects the Federal Reserve will cut rates twice in 2025, but uncertainty is increasing. He believes that the monetary policy situation is good, but the uncertainty surrounding the policy is intensifying, and officials need to remain vigilant. #特朗普拜登 #关税 #通货膨胀率