Tariff proponents have started using the Fed as cover to deflect inflationary concerns. Tariffs are a recipe for making Americans worse off, and the President’s defenders should leave the Fed out of it.
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Norbert Michel and Jai Kedia
There has scarcely been a week since President Donald Trump took office when tariffs have not been debated in the domestic and international media. In a recent addition to this debate, Fox Business aired a segment calling the Fed’s recent decision to keep its rate target steady a sign that Wall Street and all the president’s critics are mistaken to be worried about tariffs.
