“The trade war is underway and could generate inflationary pressures”: The repercussions after U.S. tariffs.
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3 Articles
Obama-Era Economist Jason Furman Says Trump Tariffs 'Now Higher & More Inflationary' Than Announced: Raising China Levies Outweighs 90-Day Delay On Others - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
Jason Furman, who served as Chairman of the Council of Economic Advisers under 44th President Barack Obama from 2013 to 2017, warned that U.S. tariffs have reached their highest levels in over a century and could prove more inflationary than initially anticipated, just as markets speculate about potential Federal Reserve interest rate decisions.
The president of the Central Bank, Rosanna Costa, addressed on Monday the recent tariff measures promoted by the President of the United States, Donald Trump, and their possible repercussions on the world economy and the Chilean economy. During his public intervention, Costa stressed that, although the immediate effects are already palpable, it is still premature to determine the magnitude of the long-term impacts. Costa described the measures a…
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