Miran talking down tariff inflation impact

  • Miran is Trump's yes man at the Federal Reserve.
American consumer spending sentiment

Fed board governor Miran is Trump's lackey at the Fed.

He is talking rubbish on tariffs:

  • The downside of tariffs has been nowhere near what people predicted
  • Tariffs have had no material signs of growth drag, inflation spike
  • Don’t think cost of tariffs will be passed on to consumers
  • Burden of tariff cost will fall on exporting countries

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