Fed's Daly believes tariff-related price increases are a one-time impact
According to Golden Ten Data, Federal Reserve official Daly stated that he still believes the price increases related to tariffs will be one-off and will not have a lasting impact on long-term inflation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Wall Street veteran who warned of previous financial crises sounds the bubble alarm: US stock valuations, leverage, and positions are at their most extreme levels in 40 years of industry experience.
David Rosenberg has warned that this is the most tense market in his 40-year career.
Japanese stocks closed down 0.05%, marking five consecutive losses.
Morgan Stanley raises Unity's target price to $55
Timmer: Investment Clock Hits ‘Past Midnight’ Zone Seen Before 2018, 2022 Slumps
Crypto prices
More
