From Yahoo Finance: 2025-05-30 10:44:00

In April, inflation cooled as Trump’s tariffs took effect, but the Fed remains cautious, expecting prices to rise in the future. Core PCE index rose 2.5% annually, meeting expectations. Chief economist Jeffrey Roach anticipates prices will increase again soon. Trump urged Fed Chair Powell to lower rates, but Powell emphasized data-driven decisions. Dallas Fed president Logan supported holding rates steady, warning against excessive rate cuts. Some Fed officials believe tariffs could lead to lasting inflation. Factors like trade negotiations and consumer behavior could offset inflation. Click for more stock market news and financial updates.



Read more at Yahoo Finance: Fed set to hold rates steady despite ‘as good as it gets’ inflation print