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Fed's Miran downplays impact of Trump’s tariffs on growth, inflation

On HALO

12 hours ago

Federal Reserve Governor Stephen Miran downplayed the economic impact of President Donald Trump's sweeping trade measures, saying there’s little evidence the new tariffs are weighing on growth or stoking inflation.Miran, who spoke at Semafor’s World Economy Summit on Thursday, said there have been "no real material signs of growth drags, no real material signs of an inflation spike." Pressed on whether consumers would end up paying more as companies pass along higher costs, Miran maintained that such a scenario was unlikely.TRUMP TARIFFS HAUL OVER $200B IN REVENUES AS SUPREME COURT WEIGHS CHAL...

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12 hours ago
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