How long is the Fed sidelined?

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The Fed was nasty on Friday. Jerome Powell.

While uncertainty remains elevated, it is now becoming clear that the tariff increases will be significantly larger than expected.

The same is likely to be true of the economic effects, which will include higher inflation and slower growth.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.