gehringer_2 Posted 31 minutes ago Posted 31 minutes ago (edited) 1 hour ago, Tigeraholic1 said: But, but tariffs…. Ever heard the one about you get 2 economists in a room and you get 3 opinions? Here is Fed Governor Micheal Barr on 2/17: Quote Turning to the other component of our mandate, inflation based on personal consumption expenditures remains elevated at 3 percent, about where it was a year ago. Disinflation, which started in mid-2022, slowed last year, as goods price inflation picked up, in large part due to tariffs. That pattern appeared to continue in the inflation data released last week. Looking ahead, it is reasonable to forecast that tariff effects on inflation will begin to abate later this year, but there are many reasons to be concerned that inflation will remain elevated. I see the risk of persistent inflation above our 2 percent target as significant, which means we need to remain vigilant. Speech by Governor Barr on artificial intelligence and the labor market - Federal Reserve Board Edited 28 minutes ago by gehringer_2 Quote
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