Washington, March 26, 2025 (AFP) - Trump tariffs could push up inflation: senior Fed official

NAMPA / AFP

2025-03-26

US President Donald Trump's tariff plans could, if fully implemented, push up inflation by as much as 1.2 percentage points, a senior Federal Reserve official said Wednesday. Trump made tackling inflation a key campaign issue in the run-up to the 2024 US presidential elections. But tariffs -- his signature economic policy since his return to office -- could have the opposite effect, St. Louis Fed President Alberto Musalem warned Wednesday, accord......

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