Trump adviser says NY Fed economists should be ‘disciplined’ for study on tariffs

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A Trump adviser, Kevin Hassett, has criticized a study by NY Fed economists, calling it 'an embarrassment' and suggesting they should be 'disciplined' for their findings that US consumers and businesses are facing a burden from tariffs.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Kevin Hassett calls report showing US consumers and businesses are facing burden of levies ‘an embarrassment’

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Full article on Financial Times
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Original article published by Financial Times on February 18, 2026.
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