Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
2 April | Dollar

Richmond Fed warns Trump policies risk fueling inflation and reducing jobs

GBPUSD
AUDUSD
EURUSD
USDJPY
USDCAD
Richmond Fed warns Trump policies risk fueling inflation and reducing jobs

Federal Reserve Bank of Richmond President Tom Barkin believes that US President Donald Trump's tariffs risk fueling inflation and driving up unemployment.

He warned of potential price shocks that could spark tensions between frustrated consumers unwilling to pay more and suppliers insisting on necessary price hikes.

The official also highlighted the potential impact of Trump's trade policies on the US labor market. Barkin explained that higher prices could reduce demand and hurt sales, ultimately weighing on employment.

At its March meeting, the Federal Reserve kept interest rates steady in the 4.25% to 4.5% range. The US central bank also raised its unemployment forecast for this year while cutting its US GDP growth estimate to 1.7%.

Elena Berseneva MarketCheese

Recommended

European Union. CPI (YoY). The value of the indicator has increased from 2.1% to 2.2%
Today at 10:00 AM
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to -0.3%
Today at 10:00 AM
European Union. Unemployment Rate. The value of the indicator remained at the same level of 6.4%
Today at 10:00 AM
United States. Atlanta Fed GDPNow. The value of the indicator remained at the same level of 3.9%
Yesterday at 4:47 PM
United States. ISM Manufacturing PMI. The value of the indicator has decreased from 48.7 to 48.2
Yesterday at 3:01 PM
Top news
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to -0.3%
Today at 10:00 AM
European Union. Unemployment Rate. The value of the indicator remained at the same level of 6.4%
Today at 10:00 AM
United States. ISM Manufacturing PMI. The value of the indicator has decreased from 48.7 to 48.2
Yesterday at 3:01 PM
European Union. Manufacturing PMI. The value of the indicator has decreased from 49.7 to 49.6
Yesterday at 9:01 AM
United States. Retail Sales (MoM). The value of the indicator has decreased from 0.6% to 0.2%
25 November
All news

Forecasts

USDJPY sell
Period: 28.02.2026 Expectation: 7000 pips
USDJPY selloff down to $150.00
Indicators and reports Chart analysis
Today at 10:52 AM 25
Bruce_Powers
Gold buy
Period: 15.12.2025 Expectation: 15500 pips
Accumulate gold ahead of potential Fed rate cut
TA Other FA Other
Today at 10:52 AM 30
McCarthy_Raymond
BTCUSD sell
Period: 12.12.2025 Expectation: 7000 pips
Bitcoin set to rebound within downward channel
Chart analysis Indicators Hot news
Today at 08:56 AM 23
John_Bullard
Tesla Inc sell
Period: 08.12.2025 Expectation: 3000 pips
Selling Tesla stocks as strong overhead resistance meets weak demand
Technical analysis TA Other FA Other Indicators Fundamental analysis
Today at 08:46 AM 28
Lyra_Moonwell1
AUDUSD buy
Period: 08.12.2025 Expectation: 810 pips
Buying AUDUSD as dollar gets weaker
Technical analysis FA Other Indicators and reports Indicators Fundamental analysis
Today at 06:06 AM 16
Emily_Foster
Brent sell
Period: 15.12.2025 Expectation: 270 pips
Brent selloff amid rising supply
TA Other FA Other
Yesterday at 11:32 AM 25
Bruce_Powers
Go to forecasts