Fed’s Barkin: Tariffs to lead to higher inflation and lower growth in US and abroad

Forex Short News
  • Tariffs to lead to higher inflation and lower growth in US and abroad.
  • Trump tariffs are without modern precedent.
  • Given economic strength, monetayr policy is in a good position.
  • I’m concerned that tariffs will lead to higher unemployment.
  • Economic outlook clouded by trade policies that have increased uncertainty, hurt consumers and business sentiment.

This article was written by Giuseppe Dellamotta at www.forexlive.com.