- The uncertainty about the economy that had dissipated is now back because of US-China trade tensions
- But do not see a recession as a result of renewed US-China trade tensions
- If manufacturers can't get rare earth materials, it would be very disruptive
- Tariffs may yet have an impact on inflation but don't see it yet
It's nothing new with Miran already having wanted a series of 50 bps rate cuts before this. That while trying to preach that the economy is fine and holding up well. A true puppet to the master.
