1402 ET - Tariffs and anti-immigration policies will keep inflation above target this year, S&P Global Ratings' Satyam Panday writes. He anticipates that the trade restrictions will help keep inflation around 3% this year, compared to the Fed's 2% target. "Additionally, stricter immigration policies are poised to contribute toward labor shortage and wage inflation," he says. As a result, the Fed will keep rates unchanged, "seeking greater clarity on current economic conditions before making any policy adjustments." (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
March 10, 2025 14:02 ET (18:02 GMT)
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