Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year. Federal Reserve System, Protectionism (Trade), Customs (Tariff), United States Economy, Trump, Donald J, Prices (Fares, Fees and Rates), Inflation (Economics), Interest Rates, Two Thousand Twenty Five, Presidential Transition (US), Immigration and Emigration, United States, China, Canada, Mexico Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year. NYT > Business