(FILES) Fresh chicken breasts are displayed for sale in the meat area of a Sprouts Farmers Market grocery store in Redondo Beach, California on February 23, 2024. Donald Trump's US election victory was, at least in part, down to his success in pinning the blame for a post-pandemic inflationary surge on the Biden-Harris administration. But analysts say some of Trump's own economic plans, from hiking tariffs to reining in the Fed's independence, risk undoing the US central bank's progress against inflation, potentially pushing it to keep interest rates higher for longer. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

(FILES) Consumers shop for groceries at a retail chain store in Rosemead, California, on December 12, 2023. Donald Trump's US election victory was, at least in part, down to his success in pinning the blame for a post-pandemic inflationary surge on the Biden-Harris administration. But analysts say some of Trump's own economic plans, from hiking tariffs to reining in the Fed's independence, risk undoing the US central bank's progress against inflation, potentially pushing it to keep interest rates higher for longer. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

(FILES) Consumers shop for groceries at a retail chain store in Rosemead, California, on December 12, 2023. Donald Trump's US election victory was, at least in part, down to his success in pinning the blame for a post-pandemic inflationary surge on the Biden-Harris administration. But analysts say some of Trump's own economic plans, from hiking tariffs to reining in the Fed's independence, risk undoing the US central bank's progress against inflation, potentially pushing it to keep interest rates higher for longer. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

(FILES) A customer pushes their grocery cart through the snow to their car as a blizzard hits Mammoth Lakes, California, on March 2, 2024. Donald Trump's US election victory was, at least in part, down to his success in pinning the blame for a post-pandemic inflationary surge on the Biden-Harris administration. But analysts say some of Trump's own economic plans, from hiking tariffs to reining in the Fed's independence, risk undoing the US central bank's progress against inflation, potentially pushing it to keep interest rates higher for longer. (Photo by DAVID SWANSON / AFP) (Photo by DAVID SWANSON/AFP via Getty Images)

(FILES) Half-loaves of bread priced for under $5 are displayed for sale inside a Whole Foods Market grocery store on August 26, 2024 in El Segundo, California. Donald Trump's US election victory was, at least in part, down to his success in pinning the blame for a post-pandemic inflationary surge on the Biden-Harris administration. But analysts say some of Trump's own economic plans, from hiking tariffs to reining in the Fed's independence, risk undoing the US central bank's progress against inflation, potentially pushing it to keep interest rates higher for longer. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

(FILES) A grocery cart sits in an aisle at a grocery store in Washington, DC, on February 15, 2023. Donald Trump's US election victory was, at least in part, down to his success in pinning the blame for a post-pandemic inflationary surge on the Biden-Harris administration. But analysts say some of Trump's own economic plans, from hiking tariffs to reining in the Fed's independence, risk undoing the US central bank's progress against inflation, potentially pushing it to keep interest rates higher for longer. (Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS/AFP via Getty Images)

A TV camera screen shows the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)

Members of media stand near the screens showing the Korea Composite Stock Price Index (KOSPI), left, the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)