The Fed and Trump are both in a jam — one on inflation and the other on immigration

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  Economists trim Fed rate cut estimates on fear of Trump inflation surge

  Deregulation, tax cuts and tariffs stoke probability of stubbornly high price growth, FT-Chicago Booth poll finds
  
  Financial Times - 2d
• 

  One of world soccer's biggest matches comes as both teams are struggling

  For the first time in a long time, this Manchester derby will feature two Davids and no Goliath.
  
  NBC News - 3d

• Inflation Ticks Up, but Details Are Encouraging for the Fed

  Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.
  
  The New York Times - 6d

• Here’s the inflation breakdown for November 2024 — in one chart

  Increases in prices for groceries and gasoline outweighed disinflation in categories such as shelter, according to the consumer price index.
  
  CNBC - 6d
• 

  Inflation ticks higher as Fed eyes another rate cut

  Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...
  
  The Hill - 6d
• 

  Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged

  Everyday Americans still expect sticky inflation in the coming years.
  
  Inc. - 6d

• Inflation threatens Fed rate-cut expectations once again. Here’s why.

  With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...
  
  MarketWatch - Dec. 4
• 

  Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected

  Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.
  
  The New York Times - Dec. 4
• 

  Top Fed official warns progress on taming US inflation ‘may be stalling’

  Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic data
  
  Financial Times - Dec. 2

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