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2025-02-06 12:02
IndustriaBarkin & Goolsbee Discuss Inflation, Tariffs
Fed's Barkin and Goolsbee spoke during the US session, with Barkin expressing optimism about the US economy, noting a healthy baseline and dismissing the likelihood of an immediate rate hike. He highlighted uncertainties surrounding tariffs, their impact on inflation, and the potential for reshoring US manufacturing. Goolsbee stressed the need to consider supply chain factors like tariffs when assessing inflation and warned that ignoring them would be a mistake.
The US trade deficit reached its second-largest level ever, partly due to companies front-running Trump tariffs.
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Barkin & Goolsbee Discuss Inflation, Tariffs
Fed's Barkin and Goolsbee spoke during the US session, with Barkin expressing optimism about the US economy, noting a healthy baseline and dismissing the likelihood of an immediate rate hike. He highlighted uncertainties surrounding tariffs, their impact on inflation, and the potential for reshoring US manufacturing. Goolsbee stressed the need to consider supply chain factors like tariffs when assessing inflation and warned that ignoring them would be a mistake.
The US trade deficit reached its second-largest level ever, partly due to companies front-running Trump tariffs.
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#ForexTrick
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