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'Trumponomics' not yet in effect for US Fed

FOMC likely to stand pat at next meeting as outcome of any new Trump fiscal and trade moves remains far off

Published Sun, Jan 29, 2017 · 09:50 PM

Washington

PRESIDENT Donald Trump's plans to upend US trade policy with import tariffs and new negotiations, slash taxes and spend on infrastructure makes the Federal Reserve's work more challenging this week.

Since his election in November, his pronouncements have left US central bankers guessing and citing the "considerable uncertainty" for monetary policy until they turn into specific policies.

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