Fed Paper Ripped as WORST EVER! Tariffs BOOST Economy?
Is it possible that the entire Federal Reserve system has produced its worst research ever? White House economic advisor Kevin Hassett launched a scathing attack on a recent New York Fed paper, calling it an embarrassment and suggesting its authors should be disciplined. Hassett vehemently disagrees with the study's conclusion that U.S. companies and consumers are bearing the brunt of tariff costs, arguing the research ignored crucial factors like wage increases and reshoring benefits. He asserts that tariffs have actually improved living standards and lowered prices, directly contradicting the paper's findings. Don't miss the full story and subscribe for more financial insights!
Tags/Hashtags: #tariffs #discipline #cnbc #wages
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