Paul Ashworth (@usmacro.bsky.social), chief North America economist at Capital Economics, says "the window for the Fed to resume cutting interest rates at any point over the next 12 to 18 months just slammed shut"
He says these new tariffs are inflationary
Paul Ashworth (@usmacro.bsky.social), chief North America economist at Capital Economics, says "the window for the Fed to resume cutting interest rates at any point over the next 12 to 18 months just slammed shut"
He says these new tariffs are inflationary