Federal Reserve's Goolsbee: Tariffs Will Continue to Have Stagflationary Effects, Temporary Nature of Agreement Will Pressure Economy
According to a report by Jinse Finance, Federal Reserve's Goolsbee stated that tariffs will continue to have a stagflationary effect, and the temporary nature of the agreement will put pressure on the economy. Due to uncertainty, I once again support maintaining a wait-and-see approach. The threshold for taking action must be very high.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A whale deposited 3.62 million USDC to go 10x long on ZEC
UBS predicts that a Fed rate cut will push the 10-year US Treasury yield down to 3.5%
US stock strategists optimistic about 2026 rally, say current risks are temporary headwinds
