Fed’s Kugler says US tariffs will weaken economic growth

Federal Reserve Governor Adriana Kugler warned Monday that fresh tariffs on imports could lift prices and slow the economy, cutting household buying power and trimming growth. Speaking in Dublin, Ireland, Kugler said steeper duties would work like a supply shock. “Higher tariffs on U. S. imported goods may affect our macroeconomy through many channels… I think […] source: https://www.cryptopolitan.com/kugler-says-us-tariffs-will-weaken-economy/