Ed Yardeni compares the proposed EU tax to past tariff threats. He calls it Liberation Day 2. Markets remain calm, seeing it as negotiation. A trade war hurts the global and US economies. Trump’s frustration and potential tariffs on countries buying Russian oil add complexity. Markets anticipate resolution by summer. Trump’s focus may shift to mid-term elections.
Fed rate hike ‘not urgent’, says John Williams; Austan Goolsbee warns against ‘playing with fire’
Federal Reserve Bank of New York President John Williams stated there could be one more interest rate increase before year-end. He emphasized that the central