UBS warns full tariffs could push US inflation to 5%

UBS estimates that if the full slate of proposed tariffs is permanently implemented, U.S. inflation could rise to around 5%, as import costs filter through to consumer prices.

–

I guess if the Fed views the jump as ‘transitory’ they will cut on the growth scare factor.

This article was written by Eamonn Sheridan at www.forexlive.com.