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Trump’s Trade War Raises Bar for Fed Rate Cuts

Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy. Banking and Financial Institutions, United States Politics and Government, International Trade and World Market, United States Economy, Interest Rates, Inflation (Economics), Customs (Tariff), Federal Reserve System, Powell, Jerome H, Trump, Donald J Tariffs set to take effect this week risk stoking even higher inflation and slower growth than expected, complicating the central bank’s decisions on monetary policy. NYT > Business

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