Fed's Cook Warns of Trade Policy Impact on Economy

Reported 2 days ago

Federal Reserve Governor Lisa Cook indicated that trade policies from the Trump administration are beginning to negatively affect the U.S. economy, causing uncertainty that may elevate inflation and increase unemployment risks. While she believes the economy remains fundamentally strong, she anticipates a slowdown in economic activity and noted that businesses are facing challenges in their investment decisions amidst this unpredictable landscape.

Source: YAHOO

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