analyst Eamonn Sheridan stated that UBS previously estimated that if the proposed tariffs were fully implemented, as import costs seep into consumer prices, the inflation rate in the United States could rise to around 5%. The analyst believes that if the Federal Reserve sees this increase as "temporary", they will cut interest rates out of growth fears.
UBS believes full implementation of tariffs will push US inflation to 5%
2025-04-03 12:17:40 Primitive Reading
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