“The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could reignite inflation in 2025,” the Washington Post reports. “The central bank’s leaders strive to protect their independence from the White House and avoid commenting on politics or policy proposals. Fed Chair Jerome H. Powell had said for weeks that it was premature to discuss the degree to which the president-elect’s proposals — including higher tariffs, lower taxes and deportation of immigrants — would factor into its decisions on interest rates.”

BING NEWS:
  • Trump tariffs set to reshape global economic outlook
    Investing.com -- Donald Trump’s return to the U.S. presidency is poised to impact global markets, as analysts predict swift action on tariffs in early 2025. A 60% tariff on Chinese imports and 10-20% ...
    12/22/2024 - 11:01 am | View Link
  • US investment strategist: Trump agenda raises inflation risk
    A senior US investment strategist says US President-elect Donald Trump’s push for tariffs and tighter immigration restrictions could raise the risk of inflation. NHK World’s Hirata Miyu and and Esaki ...
    12/21/2024 - 6:06 am | View Link
  • Trump tariffs: A looming disaster for the global economy?
    Ahead of today’s election, SJP’s CIO Justin Onuekwusi looks at the potential impositions of blanket tariffs from a Trump presidency ...
    12/19/2024 - 7:48 pm | View Link
  • US Fed's Caution On Rate Cuts Could Cause Friction With Trump
    Donald Trump's imminent return to the White House and uncertainty about his policy proposals has begun weighing on the US Federal Reserve, raising concerns of a reckoning between the central bank and ...
    12/19/2024 - 4:50 pm | View Link
  • 3 ways a second Trump presidency could impact American retirees in 2025 — plus how to prepare now
    Medicare provides health care to retirees 65 and over. Trump has pledged that there will be no cuts to this benefit program, so retirees won't lose access.
    12/18/2024 - 11:19 pm | View Link
  • More

 

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