Economist: Powell May Lack Information on Tariff Impact on Inflation
Natixis economist Benito Berber stated that Federal Reserve Chairman Powell might have little to say about the impact of tariffs on inflation because goods shipped from China after "Liberation Day" have yet to reach the U.S. market.
Berber expects the inflation impact to become apparent in June, predicting that the Federal Reserve will hold steady until September, at which point it will begin cutting interest rates and continue until 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bank of Japan Governor Kazuo Ueda discusses core inflation target
Trending news
MoreMontrose Environmental Group Inc announced that it will restart a smaller-scale, accretive, and high-value acquisition plan in 2026, which is expected to significantly enhance corporate value.
Chord Energy Corp's latest disclosed 2026 development plan shows that the company is adopting a dual-track strategic approach.
Crypto prices
More
