Federal Reserve officials during a December meeting sounded the alarm on inflation over Trump’s policies related to tariffs and immigration.
Joe Biden’s tax-and-spend policies utterly destroyed the US economy but the Federal Reserve is concerned about Trump.
When Trump was in office for his first term, inflation was consistently around 1.2%.
“Almost all participants judged that upside risks to the inflation outlook had increased,” the minutes of the FOMC’s meeting said. “As reasons for this judgment...
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