Experts say current tariffs will drive inflation and impact construction projects
32m ago
FOMC Faces Challenges from Trump's Economic Policies; Powell on Tariffs' Impact
- The Federal Open Market Committee (FOMC) faces challenges due to Donald Trump's economic policies, particularly his tariffs on trade partners.1
- Federal Reserve Chair Jerome Powell highlighted the difficulties in assessing the impact of tariffs on inflation, stating, “It is going to be very difficult to have a precise assessment of how much of is coming from tariffs and from other sources”.1
- The FOMC is grappling with challenges from Trump's tariffs, while Powell emphasizes the complexity of measuring their inflation impact.
Housingwire
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Webinar Discussed the Critical Role of Commodities Amid Global Trade Wars
- The webinar discussed the critical role of commodities in portfolios amidst global trade wars and geopolitical strife.1
- Experts from SS&C ALPS Advisors presented a dynamic commodities strategy to help navigate inflation and uncertainty.1
- The session covered how tariffs, geopolitics, and inflation could impact fixed income and equities.1
- The webinar highlighted the importance of commodities in investment portfolios amid current global challenges.
Etftrends
6h ago
Background
- Dr. Anirban Basu, Chief Economist for Associated Builders and Contractors, noted that the current tariffs have fewer exemptions compared to previous ones, leading to increased construction costs.1
- Tom Seng, Assistant Professor of Energy Finance at Texas Christian University, stated that the tariffs will increase inflation and could stunt economic growth if interest rates remain high.1
- Chris Meza, a managing partner and realtor, mentioned that interest rates have held steady below seven percent, which is beneficial for buyers in the current market.1
- Experts believe that the current tariffs could prevent certain construction projects from moving forward due to increased costs.1
- Dr. Anirban Basu highlighted that current tariffs have fewer exemptions, resulting in increased construction costs.
- Tom Seng warned that tariffs will increase inflation and could hinder economic growth if interest rates stay high.
- Chris Meza noted that interest rates have held steady below seven percent, which is advantageous for home buyers.
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