Reported about 21 hours ago
In recent Federal Reserve meetings, officials expressed rising concerns over the potential impact of President-elect Donald Trump's trade and immigration policies on inflation, noting that inflation could persist longer than anticipated. Following a rate cut in December, some officials revised their predictions for future cuts, citing increased risks. As Trump pushes for significant policy changes, some Fed members support continued rate cuts while others urge caution amid uncertainty about economic conditions.
Source: YAHOO