Fed’s Musalem warns tariffs still a threat despite US-China truce

St. Louis Fed President Alberto Musalem cautioned that even with the 90-day trade truce between the US and China, the current level of tariffs could still have “significant” short-term effects on the economy. In a speech overnight, he warned that tariffs are likely to “dampen economic activity” and further weaken the labor market. At the […]

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