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Trump's Tariffs on China will Mainly Hurt the Fed by Hongcheng Chen, Creative Investment Research

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The Federal Reserve’s Federal Open Market Committee (FOMC) meeting statement on March 21, indicated that the Committee voted for a quarter-point increase in federal fund rate. (See: http://twisri.blogspot.com/2018/03/probability-of-fed-rate-hike-in-march.html)

The Fedseemedtosignal,bythisratehike,that a more robust economicoutlook, strengthened, at least in part,duetofiscalpolicy (tax bill), provides asolidbase on which totighten (increase interest rates) monetarypolicymoreaggressivelyinthefuture. The FOMC

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