a day ago
Tariffs Threaten Fed With a Real Inflation Headache, BIS Says
Resurgent US inflation could unfold as the world economy reels from Donald Trump's disruptive trade policies, the Bank for International Settlements warned.
That bleak scenario was described by General Manager Agustin Carstens, presenting an annual report that catalogued how existing global vulnerabilities have been further exposed by the American president's actions since taking office in January.
