Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said on Friday the central bank must maintain loose monetary policy to ensure underyling inflation gradually accelerates toward its 2% target.