(via usabasketball/TT)
US President Donald Trump’s tariff policy has fueled historic volatility in the market as well as feeding fears about the economy. The president currently has a 10% tariff rate on most imports except those from China, the rate of which is 145%. Boston Federal Reserve president Susan Collins sits down with Yahoo Finance Senior Fed Reporter Jennifer Schonberger to discuss the ongoing tariff war, its economic impact, and the Fed’s role. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
0:00 Boston Fed President Susan Collins
00:00:25 Collins on the impact of tariffs on the economy
00:02:00 What the China tariffs mean for the US economy
00:04:05 Impact of tariffs on economic growth
00:05:10 Collins weighs in on how tariffs will lead to higher inflation
00:08:30 Collins’s outlook for interest rates
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