A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.

Federal Reserve Bank of Minneapolis President Neel Kashkari said he’ll be looking at incoming inflation data to determine whether another interest-rate cut is appropriate at the US central bank’s December meeting.

The Federal Reserve might have to rethink another cut at its December meeting if inflation surprises 'to the upside' over the next month, Minneapolis Fed president Neel Kashkari told Yahoo Finance.

Trump wants to jack up tariffs, deport millions of migrants and slash taxes. All three of these policies could fuel inflation.

The policies that U.S. President-elect Donald Trump will implement once in office will likely put upward pressure on inflation on both sides of the Atlantic, European Central Bank policymaker Robert Holzmann said on Tuesday.