Reported 11 days ago
Trump's proposed tariffs may lead to increased inflation risks for Americans, as the Consumer Price Index shows a rise in prices contrary to the Federal Reserve's 2% inflation target. Neel Kashkari, Minneapolis Fed President, suggested a potential pause on interest rates due to ongoing inflation. Analysts, including Bridgewater Associates' co-CIO, Karen Karniol-Tambour, discuss the possibility of retaliatory tariffs further complicating the economic landscape.
Source: YAHOO