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Fed governor Waller sees stagflationary impact of tariffs

Source: @BreaknNews

USA TODAY - For more and to sign up click here Tobias Burns Federal Reserve Governor Christopher Waller painted a stagflationary picture of President Trump’s tariff agenda Monday, arguing that the hit to economic growth could be more significant than the upward pressure on prices. He said he expects the price effect of the tariffs to be “temporary” and that interest rate policy could be more responsive to output…

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