EY-Parthenon's Daco: Inflation, Business Investment Are Next Tariff Unknowns
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مدعوم بالذكاء الاصطناعيThe US economy may show underlying strength, but businesses are hesitant to invest due to evolving tariff policy, and inflation is a growing concern as levies shift and legal challenges arise.
Market impact analysis based on bearish sentiment with 85% confidence.
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EY-Parthenon Chief Economist Greg Daco joins Bloomberg Businessweek Daily to discuss the economic impacts of President Trump's tariffs being overturned by the Supreme Court. Daco says that while the US economy may currently show underlying strength, businesses will be more hesitant to invest and expand as tariff policy continues to evolve. Daco also mentions that inflation is back to being a big unknown as levies shift and legal challenges arise, and that GDP could once more be at risk thanks to Section 122 tariffs. Daco speaks with Carol Massar and Emily Graffeo. (Source: Bloomberg)
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