Why Trump’s tariff plans could lead to higher interest rates

President-elect Donald Trump’s promise to impose stiff tariffs against America’s three biggest trading partners is widely expected to push prices higher, which would set the stage for the Federal Reserve to stop cutting interest rates and possibly raise them instead.

Source link : https://www.msn.com/en-us/money/markets/why-trump-s-tariff-plans-could-lead-to-higher-interest-rates/ar-AA1v3Pld?ocid=BingNewsVerp

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Publish date : 2024-11-30 19:18:00

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