Economist fumes at major US bank’s ‘apocalyptic predictions’ about Trump tariffs — here’s why and what it means for you
Yahoo Finance·2025-10-27 20:33
“I think most of the increases that we've seen in the CPI — we can actually attribute to the bad monetary policy we had at the end of last year, where we cut 100 basis points and we all of a sudden started easing when there was no reason to,” he said.Antoni argued that tariffs aren’t the main culprit behind the recent uptick.Meanwhile, prices are already rising for American households. In August, the U.S. consumer price index showed a 3.0% increase over the previous 12 months.Recent research backs up some o ...