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Trump, Fed and inflation
Trump makes the Fed's challenging inflation fight more complicated
President-elect Donald Trump has created a headache for the Federal Reserve before he's even stepped into office. Inflation, part of the Fed's dual mandate of maintaining price stability with maximum employment,
Biden Adviser Warns Trump Risks Inflation If He Meddles With Fed
A top economic adviser to President Joe Biden warned that Donald Trump’s incoming administration risks reigniting inflation if it interferes with the Federal Reserve’s policymaking on interest rates.
IMF warns Trump’s policies could fuel inflation and block rate cuts
The IMF has warned that Trump's plans to impose higher blanket tariffs by up to 20%, lower taxes, and restrict immigration could lead to higher inflation and prevent Fed interest rate cuts. The fund substantially raised its forecast for U.
9h
on MSN
Trump set to break the all-time federal debt record amid inflation battle
Donald Trump will enter office with big plans to make his 2017 tax cuts permanent, solve a generational migration crisis, ...
27m
How Trump could (finally) unleash $5.8 trillion of private money
A new era dawns for investors on the promise of deregulation and tax cuts under Donald Trump. Will they get the certainty ...
3d
on MSN
What CPI Report Could Mean for Donald Trump
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
1d
Fed to hold rates in Jan as Trump's policies stir inflation worries: Reuters poll
The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, according to a slim majority ...
San Francisco Examiner
1d
Trump's economic plans could cause inflation: IMF chief economist
Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier ...
1d
What Did the Trump Tax Cuts Do? Nobody Really Knows.
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law.
El País in English
18h
The red lines the market won’t let Donald Trump cross
Big investors are enjoying a stock market at an all-time high, driven by the tycoon’s victory. However, they are beginning to ...
1d
on MSN
The swing voters who helped Trump win crave change — even if lowering prices proves challenging
NBC News spoke to 18 Trump backers who didn't vote for him in 2020. They are largely hopeful about the next administration, ...
1d
on MSN
Trump Promised Lower Mortgage Rates. Can He Deliver?
On the campaign trail, Trump promised to bring down mortgage rates and make housing affordable again. His policies could do ...
federalnewsnetwork.com
1d
IRS commissioner to step down before his term ends, letting Trump advance his own pick
Werfel applauded IRS employees for supporting two of the “best filing seasons in decades," after tapping into billions in ...
13h
on MSN
Ratcheting up sanctions on Russian oil may be the key to Trump's plan to end the war in Ukraine
"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.
WBHM
2d
Inflation remains stubbornly high for many Americans. Could it get worse under Trump?
Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.
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