SPY News: Why Trump's immigration policy 'deserves more attention' from investors - 24th Feb 2025, 6:58am

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A flurry of tariff headlines has greeted investors over the past month. But some Wall Street economists have argued that President Donald Trump's immigration policies, which include mass deportations, could be just as meaningful to the path of inflation, monetary policy, and the overall market narrative.

"Investors are focused on the twists and turns of tariffs, but we think immigration policy deserves more attention," Morgan Stanley chief US economist Michael Gapen wrote in a note to clients o...

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