US News
LAST UPDATE: June 25, 2025
Fed’s Schmid Supports Wait-and-See Approach, Watching Price Data
Kansas City Fed President Jeff Schmid endorsed a “wait-and-see” policy amid tariff uncertainty, saying policymakers should observe how tariffs affect prices and economic resilience before adjusting interest rates.
Insight
Schmid’s caution reflects a broader Fed strategy of data dependency: stable economic conditions allow the Fed to delay rate changes until tariff impacts on inflation become clearer.
Fed’s Barr Says He Expects Tariffs to Boost Inflation
Fed Governor Michael Barr warned that new tariffs are likely to raise inflation via increased costs and supply-chain adjustments. He supports maintaining current rates and monitoring trends.
Insight
Barr’s view adds weight to the Fed’s cautious stance, framing tariffs as a possible inflation driver that could delay policy easing and complicate the path to the 2% target.
Trump official says US willing to replicate Panama migrant deal
A senior U.S. Homeland Security official confirmed that the U.S. is prepared to extend its Panama repatriation agreement—used to return undocumented migrants on flights—to other countries.
Insight
This signals continuity in aggressive Trump-era migration strategies, indicating a push for regional partnerships aimed at curbing migrant flows through multilateral repatriation agreements.
