Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump's policies could have on efforts to reduce it. The policymakers said they will move more slowly on interest rate cuts due to the uncertainty,

That said, Trump has also expressed an interest in having “at least a say” in monetary policy. Then again, in the same hour on Tuesday Trump also called for the U.S. to absorb Canada, seize the Panama Canal and Greenland, and rename the Gulf of Mexico the Gulf of America. All or none of that might come to fruition.