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Inflation Is Bucking Tariff Fears, but the Fed Likely Won’t Cut Rates, as Trump Wants. Here’s Why

Summary by The Spokesman-Review
The U.S. economy has been full of surprises since the Federal Reserve started rapidly raising interest rates to quell inflation back in 2022. The latest shocker might just be that the Trump administration’s tariffs haven’t pushed up inflation more.

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Bias Distribution

  • 67% of the sources lean Left
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The spokesman-Review broke the news in Spokane, United States on Monday, June 16, 2025.
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