Fed Governor Michael Barr said overnight that tariffs may pose a dual threat to the economy—lifting inflation expectations while simultaneously slowing growth. He pointed to survey data showing households anticipate sharp near-term price increases, which, coupled with supply chain reconfiguration and second round effects effects, could result in “some inflation persistence.” At the same time, […]The post Fed’s Barr: Tariffs pose dual risk to inflation and jobs, justifying wait and see appeared first on Action Forex.