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Higher tariffs and massive deportation could make America's bumpy battle against inflation that much more difficult.
The Fed's latest meeting minutes showed concern that inflation could remain sticky, partly because of Trump's trade policy.
Federal Reserve officials expect inflation to continue slowing this year, but also saw a rising risk that price pressures may ...
Fed cautious on inflation and interest rates, with policymakers divided on future adjustments and uncertainty about Trump's ...
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the ...