Powell: The impact of tariffs has so far been much greater than expected "
According to online reports, Federal Reserve Chairman Powell said that survey respondents pointed out that tariffs are the main factor driving inflation expectations. The impact of the tariffs has so far been much greater than expected. If the significant tariff increases as announced continue, there will be higher inflation and lower employment. Avoiding continued inflation will depend on the size, timing and inflation expectations of the tariffs.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
