Markets respond to immigration policy and trade policy differently. Should they?
Update: 2025-06-16
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Despite continued protests over immigration policy, President Donald Trump in an online post yesterday directed immigration enforcement to deport more people in the country illegally, specifically those in major cities like Los Angeles, Chicago, and New York. Today, we're continuing to track what more restrictive immigration policy could cost the U.S. economy. But first: What's the biggest risk to the economy right now? The Federal Reserve has to decide.
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