Fed's Schmid: Takes little solace from concept that tariffs shall be one-off worth hike

• Tariff bulletins have elevated financial uncertainty
• Intend to stay centered on inflation, don’t take a lot solace from concept that tariffs might have solely non permanent impact on inflation
• Not prepared to take an opportunity with the Fed’s credibility on inflation
• Tariff bulletins coincided with falling sentiment and rise in short-term inflation expectations
• Feedback don’t mirror newest CPI report or pause on some tariffs

This is among the stronger pushbacks on market pricing for price cuts.

This text was written by Adam Button at www.ubaidahsan.com.



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