Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
World

FOUND: Trump tariffs could push up inflation senior fed official - You Need To See This

St. Louis Fed President Alberto Musalem is a voting member of the US central bank's rate-setting committee this year (Credit: AFP)

US President Donald Trump's tariff plans could increase inflation by as much as 1.2 percentage points if they are fully implemented, a senior Federal Reserve official said Wednesday.

Trump made tackling inflation a key campaign issue in the run-up to the 2024 presidential elections.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.