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Trump's Proposed Tariffs May Slow Disinflation and Increase Costs, Fed Minutes Reveal


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American consumers could see price hikes if former President Donald Trump moves forward with proposed tariffs, the Federal Reserve warned in minutes from its January meeting. The minutes noted concerns that tariffs might hinder the disinflation process,

The video from MSN Money discusses the potential economic impacts of former President Donald Trump's proposed tariffs, as revealed in the minutes from a recent Federal Reserve meeting. According to the Fed's analysis, these tariffs could slow down the current disinflation trend by increasing costs for businesses and consumers. The proposed tariffs might lead to higher prices for imported goods, which could, in turn, contribute to inflation. This concern comes at a time when the Federal Reserve is already grappling with managing inflation rates, suggesting that such trade policies could complicate their efforts to stabilize the economy. The discussion in the video likely includes insights from economic experts and possibly reactions from market analysts on how these tariffs could reshape economic policy and consumer spending.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/trump-s-proposed-tariffs-may-slow-disinflation-and-increase-costs-fed-minutes-reveal/vi-AA1zt1lC ]

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