Jin10 Selected Comments: Tariffs may still push U.S. inflation up by 1 percentage point.

GoldenOctober2024

2025-04-10 12:50:29

Apollo’s chief economist, Torsten Slok, stated that the lower-than-expected inflation data and strong unemployment report are good news for The Federal Reserve (FED), as there has not yet been any “unexpected rise in inflation.” “But clearly, we are still preparing to impose tariffs, and the remaining issues regarding tariffs could still increase the inflation rate by up to one percentage point in the next 12 months.”

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