Fed board governor Miran is Trump’s lackey at the Fed.
He is talking rubbish on tariffs:
The downside of tariffs has been nowhere near what people predicted
Tariffs have had no material signs of growth drag, inflation spikeDon’t think cost of tariffs will be passed on to consumersBurden of tariff cost will fall on exporting countries
This article was written by Eamonn Sheridan at investinglive.com.