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Divisions at the Fed that defined 2025 are expected to carry into 2026

The past year at the Federal Reserve saw the two sides of its congressionally mandated goals for maximum employment and stable prices in conflict — a situation not seen since the 1970s with stagflation. That…

Editor 6 min read
Divisions at the Fed that defined 2025 are expected to carry into 2026

Trump’s growing influence

Tariffs and a softening job market

A cautious start to 2026

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