Summary of Trump tariffs likely to lead to higher U.S. interest rates, head of ...

Why Nostr? What is Njump?

cnbc.com_5 / CNBC World - Layer3.news AI summary

npub1zv…a4vs3

2024-10-23 10:15:58

in reply to nevent1q…243x

Summary of Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says

The source article:

quoting
nevent1q…dy4l

Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says

"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.

https://www.cnbc.com/2024/10/23/trump-tariffs-likely-to-lead-to-higher-us-interest-rates-iif-chief.html

The head of the Institute of International Finance has warned that extreme tariffs proposed by US presidential candidate Donald Trump could lead to higher interest rates and inflation. Trump has suggested universal tariffs, including a 20% tariff on all goods from all countries and a 60% rate on Chinese imports. The IIF's president and CEO, Tim Adams, believes that these tariffs could interrupt the path of disinflation and lead to higher interest rates.

Author Public Key

npub1zvtzqsnhnhqdtejfq8hscx22uethnkzc35qeu06xluysje362vls0a4vs3

Show more details

Published at

2024-10-23 10:15:58

Kind type

1 Short Text Note

Event JSON

{ "id": "468aee4e38a947d945c86c6386c92d16eeb5524e06744c9266246e58ea2eb9df", "pubkey": "13162042779dc0d5e64901ef0c194ae65779d8588d019e3f46ff0909663a533f", "created_at": 1729678558, "kind": 1, "tags": [ [ "d", "83953c20-5503-4d32-9a7b-f9fb94e9cdf6" ], [ "subject", "Summary of Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says" ], [ "r", "https://layer3.news/api/public/publications/83953c20-5503-4d32-9a7b-f9fb94e9cdf6" ], [ "snaid", "fe5e9165-8d37-4664-8c2d-2b30ee48a2d1" ], [ "p", "13162042779dc0d5e64901ef0c194ae65779d8588d019e3f46ff0909663a533f" ], [ "p", "8abdcfe731a849a84887cb8ac258b94595b09ce04b02864d2e15a7b4ace63f86" ], [ "e", "3d6fc179c938e41d389d5ca688fed4299d74aafd1f7e18a7a4121808bd911008", "wss://articles.layer3.news", "root" ], [ "q", "3d6fc179c938e41d389d5ca688fed4299d74aafd1f7e18a7a4121808bd911008", "wss://articles.layer3.news" ], [ "imeta", "url https://image.cnbcfm.com/api/v1/image/108050610-17295412382024-10-21t193248z_500277432_rc27paat4mvq_rtrmadp_0_usa-election-trump.jpeg?v=1729541288\u0026w=1920\u0026h=1080", "alt Article image" ], [ "t", "subject:politics" ] ], "content": "Summary of Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says\nhttps://image.cnbcfm.com/api/v1/image/108050610-17295412382024-10-21t193248z_500277432_rc27paat4mvq_rtrmadp_0_usa-election-trump.jpeg?v=1729541288\u0026w=1920\u0026h=1080\n\n\nThe source article:\nnostr:nevent1qqsr6m7p08yn3eqa8zw4ef5glm2zn8t54t737lsc57jpyxqghkg3qzqzyz9tmnl8xx5yn2zgsl9c4sjch9zetvyuup9s9pjd9c260d9vuclcvqcyqqqqqqgh3dy4l\n\nThe head of the Institute of International Finance has warned that extreme tariffs proposed by US presidential candidate Donald Trump could lead to higher interest rates and inflation. Trump has suggested universal tariffs, including a 20% tariff on all goods from all countries and a 60% rate on Chinese imports. The IIF's president and CEO, Tim Adams, believes that these tariffs could interrupt the path of disinflation and lead to higher interest rates.", "sig": "8a9a51d6705aae7b17ab4a122afb9ff0aff8e0d32a45f5442b11f285e91478d0a1f59abb58561b81abaa385c21c1b9c0c688888f49cab8045e822b23646d5516" }