Fed officials are worried about the inflation impacts from Trump’s policies, minutes show
- Goldman Sachs estimates a nearly 30% probability of market corrections due to rising inflation pressures and political uncertainty ahead of Donald Trump's second presidential term, starting on Jan. 20, 2025.
- The Federal Reserve's December meeting minutes show policymakers are divided on future rate adjustments due to concerns about inflation and economic uncertainty under the incoming administration.
- The Fed projects headline personal consumption expenditure inflation for 2025 will reach 2.5%, an increase from a prior estimate of 2.1%, amid expectations of slower rate cuts next year.
- Markets reacted mutedly to the Fed minutes, with the U.S. Dollar index holding steady and equities experiencing a modest relief rally, despite ongoing inflation concerns.
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Total News Sources0
Leaning Left4Leaning Right8Center10Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
46% Center
L 18%
C 46%
R 36%
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