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flag St. Louis Fed President warns Trump's tariffs could raise inflation up to 1.2 percentage points.

flag St. Louis Fed President Alberto Musalem warned that President Trump's tariffs could raise inflation by up to 1.2 percentage points, with both direct and indirect effects. flag Musalem, a voting Fed member, noted that while the initial price hikes may be temporary, the secondary impact could persist, potentially requiring tighter monetary policy. flag This warning adds to economic uncertainty, affecting financial markets and investor confidence.

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