Federal Reserve Worried About How Trump Policies On Tariffs And Immigration Could Impact Inflation, Minutes Show
The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than previously anticipated,” according to the Fed minutes released Wednesday.
Fed minutes show widespread belief that there was a greater risk of higher inflation
Almost all Federal Reserve officials thought that upside risks to inflation had increased, according to minutes of the Fed's December meeting released Wednesday. Officials cited recent strong inflation readings and also "the likely effects of of potential chances in trade and immigration policy.
22mon MSN
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