Trump’s proposed tariffs would be ‘recessionary’ and could spark a resurgence in inflation, Harvard economist says

By Susan Walsh/APTrump’s trade policies would be “recessionary” and could make inflation worse, according to Kenneth Rogoff.The Harvard economist pointed to Trump’s proposed tariffs on imports, including a 60% tariff on Chinese goods.That could be very “dislocating” to the economy, he said in an interview with Bloomberg TV.Donald Trump’s proposed tariffs on imports would have…

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Recession odds are ‘very high’ as economy looks poised to see an unemployment wave and plunging consumer spending, chief economist says

“Is it possible the Fed cuts rates very dramatically? Yes. But that’s only going to happen or most likely going to happen if there’s a recession.” … “Is it possible the Fed cuts rates very dramatically? Yes. But that’s only going to happen or most likely going to happen if there’s a recession.” … See…

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