Federal Reserve officials have worked hard to set interest rates at levels that minimize inflation and maximize employment over the past couple of years. And they’ve been remarkably successful, a historically rare feat to pull off.
But central bankers’ jobs could get a lot harder in just a matter of hours after President-elect Donald Trump takes the oath of office on Monday.
Some of his first orders of action, he’s said, will include ordering mass deportations of immigrants and enacting tariffs on America’s biggest trading partners. That could very well spur
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