By Daniel Lacalle
Tariffs, like oil prices, may have relevant implications on numerous trade factors, but they do not cause price inflation. Will the Fed blame tariffs like it blamed covid for price inflation?
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By Daniel Lacalle
Tariffs, like oil prices, may have relevant implications on numerous trade factors, but they do not cause price inflation. Will the Fed blame tariffs like it blamed covid for price inflation?
I had the great displeasure of watching Jerome Powell speak in front of congress, and belive that he will blame everything from tarrifs to global warming before he takes any responsibility whatsoever for inflation.
For sure