Fed Remains Cautious on Potential Long-Term Inflation from Tariffs

Reported about 6 hours ago

In light of January's job growth of 143,000, which fell short of expectations, and a decline in the unemployment rate to 4%, concerns about inflation related to President Trump's tariffs persist. Economist Brian Jacobsen indicates that the inflation impact could be enduring, prompting the Federal Reserve to adopt a more cautious approach regarding interest rate changes this year. He recommends focusing on short-term and high-yield investments amid the current uncertainties.

Source: YAHOO

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