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Uncertainties in the New Economic Landscape
This chapter explores the uncertainties surrounding the U.S. economy with the transition to a new administration, particularly the potential impact of proposed tariffs and tax reforms. It highlights economic projections and the resilience of the U.S. consumer, alongside an analysis of the strong performance of the U.S. dollar. The discussion also delves into the implications for trade relations with Canada, Mexico, and China, emphasizing the Fed's pivotal role in navigating these changes.