Nick Timiraos(@NickTimiraos ):Fed officials agree that rate cuts aren't appropriate until they see concrete signs of slower spending and higher joblessness. But differences are flaring over how confident officials can be that price increases from tariffs and shortages will be temporary.

Nick Timiraos

@NickTimiraos

Chief economics correspondent, The Wall Street Journal • Author, "Trillion Dollar Triage”

Joined July 2009

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Nick Timiraos@NickTimiraos

2025.05.06 14:40

Fed officials agree that rate cuts aren't appropriate until they see concrete signs of slower spending and higher joblessness. But differences are flaring over how confident officials can be that price increases from tariffs and shortages will be temporary.