More from Waller: Tariffs increase prices one time, central banks can look through that ...Middle East

Tariffs increase prices one time, central banks can look through that.Tariff effects not zero, but are not large either.Has been arguing a pretty restrictive policy rate can come down.Unemployment is around long run level.Reiterate case for why July rate cut could happen, says an easing would not be political.THANKS that rates are 150 basis points above the long run steady state neutralSays the Fed is "just too tight" Admits that he is in the minority on this This article was written by Greg Michalowski at www.forexlive.com.

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