Adriana Kugler, head of the Federal Reserve System, expressed the opinion that the tariff policy pursued by the Donald Trump administration is likely to contribute to higher inflation. In addition, it may negatively affect the pace of economic growth, despite recent steps aimed at easing duties on China.Kugler stressed that trade policy continues to evolve actively and is likely to undergo further changes. She noted that even if tariffs remain at the current level, this will create a noticeable ... Read More
