Fed's Goolsbee: Tariffs are way bigger than anticipated

avatar
· 阅读量 8

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee warned on Tuesday that US tariffs, which were far larger than most market watchers anticipated, poses a real risk to US importers who have very few fallback options.

Key highlights

Tariffs are way bigger than anticipated.

The Fed has to take the longer view, not like the stock market, which is volatile.

There is disagreement among firms on how quickly or how much the tariff increase will get passed to consumers, it could lead to bankruptcies of suppliers.

I can't wait for the GDP data to find out the investment impact.

It's not obvious how the Fed would react to negative supply shock.
Sentiment measures are almost cratering, that's a concern.

The relationship of sentiment to spending isn't as strong as before.

Businesses also aren't going to invest when it's not clear what the rules are.

There is anxiety that high inflation will return.

Share: Feed news

风险提示:以上内容仅代表作者或嘉宾的观点,不代表 FOLLOWME 的任何观点及立场,且不代表 FOLLOWME 同意其说法或描述,也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为,除非另有明确的书面承诺文件,否则本社区不承担任何形式的责任。

FOLLOWME 交易社区网址: followme.asia

喜欢的话,赞赏支持一下
avatar
回复 0

加载失败()

  • tradingContest