Tariffs have derailed Fed's soft landing progress [Yahoo! Finance]
BNP PARIBAS SPONS ADR (BNPQY)
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Source: Yahoo! Finance
BNP Paribas chief US economist James Egelhof joins Market Domination to explain how the new US trade policy could push inflation even higher and derail the Federal Reserve's progress. To watch more expert insights and analysis on the latest market action, check out more Market Domination here We had this inflation report which everybody seems to be now looking past because it doesn't reflect our tariff reality. Yeah. Um, but does it sort of give us a good base at the very least to then lay maybe some of these tariff price increases on top of? Yeah, I think it's the story of what could have been. So reading this together with the payroll's print that we got last week, shows you that the Fed had accomplished what many of thought was impossible. It has brought us to the brink of the soft landing. Now, the tariffs change everything. So we're snatching victory from the jaws or something like that. Defeat from the jaws. Snatching victory from the jaws of defeat. Something lik
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