Here's what a Fed official calls central bank's bigger challenge

Fed Gov. Kugler outlines how she looks at the Trump tariff battles.

Apr 8, 2025 - 00:38
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Here's what a Fed official calls central bank's bigger challenge

The Federal Reserve so far has declined to make any moves to cut interest rates to support the domestic economy in the face of the tariff-driven financial-market turmoil.  

And cuts aren't likely to happen soon because they're not needed yet, a Federal Reserve governor said Monday.