UBS believes that the full implementation of tariffs will push up U.S. inflation to 5%.
2025-04-03 03:19:15
Eamonn Sheridan, an analyst, said UBS had estimated that if the proposed tariffs were fully implemented, US inflation could rise to about 5 per cent as the cost of imports seeped into consumer prices. The analyst argued that if the Fed deemed the rise "temporary", they would cut rates out of fear of growth.
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