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The Fed Isn’t Calling It ‘Stagflation,’ but the Risks Are Rising
nytimes.com/2025/06/18/business/fed-stagflation-trump-tariffs.htmlPresident Trump’s trade war is likely to lead to higher prices and slower growth, a challenging combination for the Fed. War in the Middle East could make the job harder still.
This story appeared on nytimes.com, 2025-06-18 19:48:59.