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Inflation Fears Grow With Tariff Uncertainty Looming

New York Fed Survey Shows Long-Term Expectations Rising

Several Fed officials have said in recent weeks that the central bank’s response to higher prices resulting from tariffs will depend on whether inflation expectations remain well anchored. (Victor J. Blue/Bloomberg News)

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U.S. consumers’ long-term inflation expectations edged higher in January ahead of tariff announcements by the Trump administration, a monthly Federal Reserve Bank of New York survey showed. …

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