Federal Reserve Collins: Due to the impact of tariffs, inflation is expected to exceed 3% this year.
2025-04-11 13:18:21
The Fed expects inflation to be well over 3 percent this year because of the tariffs, Collins said. The current level of tariffs is very high, the main view now is that economic growth is slowing rather than a recession, investing in times of high uncertainty is difficult, and companies generally adopt a wait-and-see strategy.
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