Fed Cautious on Trump Tariffs
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•US Politics
US Politics
Fed releases minutes of July meeting, reveal fears over Trump tariffs

62% Informative
The Federal Reserve has released the minutes of the last FOMC meeting, shedding insights into its policy decision to keep interest rates steady.
Participants say heightened Trump tariffs are “likely to put upward pressure on prices,” urging a cautious approach toward rate cuts.
Participants agree that signing of trade deals will limit the effect of tariff-related inflation.
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