Will the Fed step in if America’s labor market cracks from Trump’s tariffs?
- Posted on May 8, 2025
- By CNN
- 2 Views
Will the Fed step in if America’s labor market cracks from Trump’s tariffs?
President Donald Trump’s volatile trade war threatens both higher inflation and rising unemployment, forcing the Federal Reserve to make the difficult choice of addressing just one of those problems at a time. But if push comes to shove, the central bank would likely prioritize saving millions of jobs.
