UBS believes that the full implementation of tariffs will push US inflation up to 5%
According to Jinshi reports, analyst Eamonn Sheridan stated that UBS previously estimated that if the proposed tariffs were fully implemented, as import costs seep into consumer prices, the inflation rate in the United States could rise to around 5%. The analyst believes that if the Federal Reserve considers this increase to be "temporary", they will cut interest rates out of growth panic.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethena TVL Surpasses $10 Billion, USDe TVL Up 62.85% in the Past 30 Days
Opinion: BTC Will Bottom Out Today or Monday, One-Year Target Price Set at $200,000 to $250,000
BAYC #7940 Sold Today for 666 ETH
SEC Cryptocurrency Working Group to Hold 10 Roundtable Meetings Across the United States
Trending news
MoreCrypto prices
More








