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.April 5, 2025."In a normal world, when an economy falters, eyes turn to the central bank for help, in the form of reductions in interest rates. But progress on inflation has stalled, making it more difficult for the Fed to come to the rescue. And the new tariffs will only make inflation worse..Many business people and investors are still hoping Spanky will recognize the havoc he is creating and ease off his tariffs. But so far, he doesn’t seem concerned. And that may be our biggest worry of all.".
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April 5, 2025
"In a normal world, when an economy falters, eyes turn to the central bank for help, in the form of reductions in interest rates. But progress on inflation has stalled, making it more difficult for the Fed to come to the rescue. And the new tariffs will only make inflation worse.
Many business people and investors are still hoping Spanky will recognize the havoc he is creating and ease off his tariffs. But so far, he doesn’t seem concerned. And that may be our biggest worry of all."
