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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

Ms Yellen holding a news conference. She has said that the economy is on course to meet the Fed's targets for inflation and full employment.


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...

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