- Tariffs aren’t good for the global economy.
- Inflation is very close to target.
- There is still a bit of work to do on inflation.
- Predictability is in very short supply at the moment, we simply don’t know what US deal will be with the rest of the world.
- There is a lot less excitement about investing in the US at the moment, a stop and hold until there is more certainty.
Nothing material here as she’s just acknowledging the high uncertainty of the period but stressed the negative impact of tariffs on the global economy.
This article was written by Giuseppe Dellamotta at www.forexlive.com.