Fed’s Williams on Yahoo! News says:
- it’s early days in figuring out impact of tariffs
- there is still a lot of uncertainty around tariffs, details matter
- need to watch data to measure impact of tariffs
- full impact of tariffs can play out over long horizon.
- Tariffs will impact prices
- consumers goods should see quick pass through from tariffs.
- Intermediate goods could see slow impact from tariffs.
This article was written by Greg Michalowski at www.forexlive.com.