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There is rightly a worry that Donald Trump will reignite this inflation, with his fiscally irresponsible budgets.
Heres a more detailed look atwhat a Trump presidency could mean for inflation.
inflationary pressureswith a resultant hawkish Federal Reserve raising interest rates.
But inflation is a product of monetary policy, whereas tariffs are a matter of trade policy.
To U.S. consumers, the price increases would feel largely the same, Earle said.
The law is set to expire in 2025, asGOBankingRates previously reported.
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