Federal Reserve Bank of Minneapolis President Neel Kashkari with his review of the circus so far:
- tariffs can lead of higher inflation
- is the tariff pause continues it can lead to less inflation pressure
- things have changed dramatically this afternoon
- uncertainty may lead to economic downturn
- the hurdle to cut rates remains high
- already hearing businesses are cutting hiring
Imagine trying to set monetary policy in all this chaos.
This article was written by Eamonn Sheridan at www.forexlive.com.