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Stock impact report

Trump's tariffs loom over a still-cautious Fed as markets gyrate [Yahoo! Finance Canada]

M&T Bank Corporation (MTB) 
Last m&t bank corporation earnings: 4/20 06:37 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/m
The Fed's latest round of projections released Wednesday will include the much-studied "dot plot," a chart updated quarterly that shows each Fed official's prediction about the direction of the central bank's benchmark interest rate. The last dot plot, released in December, revealed a consensus among Fed officials for two cuts this year, revised down from four, as some were already factoring President Trump's expected economic policies into their projections. Now that Trump is putting those policies into action, including an aggressive slate of tariffs, the question is whether central bank policymakers will tweak their outlook for economic growth and inflation — and thus the direction of rates. "They could be more worried when they look at the growth trajectory of the economy and model out what they think those tariffs mean," former Kansas City Fed president Esther George told Yahoo Finance. The markets are currently expecting three rate cuts this year, in summer and fall, du Show less Read more
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