Central Banks
Tariffs Put Fed in Tough Spot, Raise Growth and Price Fears
The Fed left borrowing costs unchanged last month.
Photographer: Stefani Reynolds/BloombergThis article is for subscribers only.
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An aggressive suite of tariffs announced Wednesday by President Donald Trump will significantly complicate the Federal Reserve’s job as it struggles to quash inflation and avoid an economic downturn, likely keeping officials in wait-and-see mode.