Cooler January CPI Signals an Inflation Thaw

Meanwhile, the Financial Times reported on Friday that President Trump plans to roll back some tariffs on steel and aluminum products.Fed Governor Stephen Miran said on Thursday that the central bank’s current monetary policy stance risks undermining U.S. economic growth that is otherwise being “underwritten” by a slew of Trump administration policies, including tax cuts. “The biggest risk I think to the economy is that we’re misconstruing just how tight monetary policy is,” Miran said.The Labor Department’ ...