Tariffs and Immigration
Richard discusses how tariffs impact prices and the Fed's approach to inflation, suggesting a need for refined guidance in the current context. He highlights the recent revisions in undocumented immigration data, noting its uneven sectoral distribution and potential implications for labor supply. Tracy raises the issue of economic sentiment, questioning how the Fed weighs consumer confidence against hard data in assessing the economy's true strength.In this clip
From this podcast
Odd Lots
Richard Clarida on This Tricky Moment for the Federal Reserve
Related Questions
What do you think Trump's tariff policy will affect as discussed in the episode The Tariff Announcement That Shocked Financial Markets and the clip Tariffs and Inflation?
What do you think Trump's tariff policy will affect as discussed in the episode The Tariff Announcement That Shocked Financial Markets and the clip Tariffs and Inflation?
What do you think Trump's tariff policy will affect?