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Federal Reserve warns of stagflation risk, keeps rates unchanged — despite Trump pressure
nypost.com/2025/05/07/business/federal-reserve-keeps-interest-rates-unchanged-despite-trump-pressure
The Federal Reserve on Wednesday warned of an increased risk of stagflation from the Trump administration’s tariff plan as it left interest rates unchanged – despite growing pressure from the president to slash rates immediately.
“If the large increases in tariffs that have been…
This story appeared on nypost.com, 2025-05-08 20:32:39.264000.