As the 2024 presidential campaign unfolds, former President Donald Trump’s pledge to implement tariffs has raised concerns about potential stagflation risks. Analysts initially believed that relief from tax regulations would precede tariff enforcement. However, these tariffs now pose a significant challenge to the Federal Reserve. The impact of trade policies on economic stability is under scrutiny, as market leaders reassess their strategies amidst this evolving landscape. Many wonder how the Fed will navigate these turbulent waters moving forward.