From Yahoo Finance: 2025-04-10 10:00:00

Federal Reserve policymakers are expected to maintain steady rates despite a cooler reading on inflation for March. Core prices rose 2.8%, the slowest in four years. President Trump celebrated the figures, but experts warn of a potential spike due to tariffs. Fed officials stress a patient approach amid uncertainties.

The Fed’s cautious stance is reinforced by Kansas City Fed President Jeff Schmid, who eyes inflation outlook. Tom Porcelli of PGIM expects firmer inflation prints ahead. Other officials like Tom Barkin and Neel Kashkari emphasize patience in rate decisions amidst trade uncertainties.

Mary Daly of the Fed San Francisco and Chairman Jerome Powell advocate for a measured approach on rate adjustments. Minutes from the March meeting reveal concerns about inflation and slower growth. Schmid highlights the need to balance inflation risks with growth and employment concerns, wary of temporary tariff effects.

Experts predict a rise in inflation as tariffs take effect. Fed officials remain cautious, balancing inflation concerns with economic growth. The next steps in monetary policy remain uncertain as the Fed navigates trade challenges and economic outlook. Stay updated on market news for in-depth analysis and insights.

Read more: Fed likely to stay cautious on rate cuts despite cooler inflation reading