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Morgan Stanley on the not-so-great outlook from Trump tariffs: [View all]
Reposted by Lizzie O'Leary
Michael Derby
@michaelsderby.bsky.social
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Morgan Stanley on the not-so-great outlook from Trump tariffs: "Headline and core PCE inflation firms to 3.4% and 3.9% by year end, about a full percentage point higher than before. The peak impulse is in Q3 2025. The unemployment rate rises to 4.9%, though most of that occurs in 2026."
April 8, 2025 at 9:28 AM
@michaelsderby.bsky.social
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Morgan Stanley on the not-so-great outlook from Trump tariffs: "Headline and core PCE inflation firms to 3.4% and 3.9% by year end, about a full percentage point higher than before. The peak impulse is in Q3 2025. The unemployment rate rises to 4.9%, though most of that occurs in 2026."
April 8, 2025 at 9:28 AM
Morgan Stanley on the not-so-great outlook from Trump tariffs: "Headline and core PCE inflation firms to 3.4% and 3.9% by year end, about a full percentage point higher than before. The peak impulse is in Q3 2025. The unemployment rate rises to 4.9%, though most of that occurs in 2026."
— Michael Derby (@michaelsderby.bsky.social) 2025-04-08T13:28:29.203Z
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