In this case, President Donald Trump's tariffs are the root cause of the division within the Federal Reserve. The combined baseline and reciprocal tariffs have raised the average tax on U.S. imports to its highest level since the 1930s, meaning there is essentially no historical data (at least not recent data) to guide policymakers.Multiple dissents are theoretically bad news for the stock market. If experts are divided on the appropriate monetary policy, it suggests that economic conditions are difficult t ...