Miran talking down tariff inflation impact


content provided with permission by FXStreetRead full post at forexlive.com

Fed board governor Miran is Trump’s lackey at the Fed.

He is talking rubbish on tariffs:

  • The downside of tariffs has been nowhere near what people predicted
  • Tariffs have had no material signs of growth drag, inflation spike
  • Don’t think cost of tariffs will be passed on to consumers
  • Burden of tariff cost will fall on exporting countries

This article was written by Eamonn Sheridan at investinglive.com.

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