Washington, April 16, 2025 (AFP) - US Fed Chair warns of 'tension' between employment, inflation goals

NAMPA / AFP

2025-04-16

Tariffs are likely to push up prices and could put the US Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment, the bank's chair said Wednesday. Unlike some other central banks, the US Fed has a dual mandate from Congress to ensure both stable prices and maximum sustainable employment over time. It keeps those twin objectives in balance by lowering or raising interest rates, which act as eithe......

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Tokyo, April 18, 2025 (AFP) - US ambassador to Japan 'extremely optimistic' about trade deal

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