00:00It's Benzinga bringing Wall Street to Main Street.
00:02Federal Reserve warned that Trump's tariffs are slowing progress toward its 2% inflation goal
00:07and could delay price stability until 2027, according to Benzinga.
00:11Fed proceeded with a 25 basis point rate cut in its September meeting,
00:14but acknowledged that tariffs have become a key obstacle to lowering inflation.
00:18Many businesses are planning to pass higher costs to consumers.
00:21Futures markets still expect two more rate cuts by the end of 2025,
00:24with some analysts suggesting they may better predict future trends if inflation falls in 2026.
00:30Policymakers remain cautious, warning that cutting too soon could reignite inflation,
00:34while keeping rates high risks deeper job losses and a slowdown.
00:38For all things money, visit Benzinga.com.
Comments