Federal Reserve might cut rates because of Trump’s tariffs

The Federal Reserve might be forced to cut interest rates if president Donald Trump’s tariffs push inflation higher. Officials at the Fed held rates steady in January, but the new meeting minutes released on Wednesday showed some serious concerns about Trump’s latest tariff threats on cars, semiconductors, and pharmaceuticals. The Federal Open Market Committee (FOMC) […] source: https://www.cryptopolitan.com/fed-might-cut-rates-due-to-trumps-tariffs/