FED's' big hawks' release doves: Trump's tariff stick may not exacerbate inflation, December may see interest rate cuts!
xo1901
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The hawkish representative of the Federal Open Market Committee (FOMC) and Minneapolis Fed Chairman Neel Kashkari said on Sunday that if President elect Donald Trump's tariff policies trigger a backlash from global trading partners, it may exacerbate long-term inflation. He stated on a program that a one-time tariff "will not have a long-term impact on inflation".
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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