Fed Governor Waller sees tariff inflation as 'transitory' in 'Tush Push' comparison

A Fed official calls inflation from tariffs 'transitory' — and invokes the 'Tush Push' football play

A top Federal Reserve official said Monday that the impact of President Donald Trump’s trade war on prices would be “transitory,” echoing a term that central bankers and Biden administration officials used often as inflation soared in the aftermath of the pandemic.Read more...

Fed board member Waller sees stagflationary impact of tariffs

Christopher Waller, a member of the Federal Reserve’s board of governors, painted a stagflationary picture of President Trump’s tariff agenda Monday, arguing that the hit to economic growth could be more significant than the upward pressure on prices. He said he expects the price effect of the tariffs to be “temporary” and that interest rate…

Tariffs shock could see interest rates cut even with high inflation, Fed Governor warns

Christopher Waller said the Fed is torn between a path in which the economy may ‘slow to a crawl’ and unemployment rise to 5%, and one that looks little different than it did a few weeks ago

Top Federal Reserve official says US could require rate cuts if big tariffs return

Governor Christopher Waller warns that should Trump resume steep duties growth will ‘slow to a crawl’

Fed may cut rates amid tariff policy uncertainty, says governor Waller

Fed may cut rates amid tariff policy uncertainty, says governor Waller

Fed Governor Waller sees tariff inflation as 'transitory' in 'tush push' comparison

The central banker embraced a term that got the central bank in trouble during the last bout of inflation.