“The economy is in a lot of flux, policy is in flux, there’s a lot of uncertainty. I think we’ll have to wait three to six months to start to see where this settles out.”
Referring to yesterday’s inflation report and calling the Fed chair “Too Late Powell,” the president said on social media that waiting to understand tariffs’ effect on prices is “not fair to America.”
The Japanese yen, Swiss franc, euro, and British pound are all benefiting as President Trump’s trade policies and rhetoric push investors to pile into assets outside of the United States.