12 Apr
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Here is what you need to know. The Fed sounds the alarm on the damage a trade war could do to the US economy. “Participants did not see the steel and aluminium tariffs, by themselves, as likely to have a significant effect on the national economic outlook, but a strong majority of participants viewed the prospect of retaliatory trade actions by other countries, as well as other issues and uncertainties associated with trade policies, as downside risks for the US economy,” the minutes from the Fed’s March meeting released Wednesday said.
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