Fed’s Daly says tariffs could help get inflation to 2%: Fox Business News

May 23, 2019

(Reuters) – A series of U.S. tariff hikes on Chinese imports could help the Federal Reserve get inflation closer to its 2% target, San Francisco Federal Reserve President Mary Daly said on Thursday.

“It will affect it in the way we hope which is to move it back up to 2% … but not above,” Daly said in an interview with Fox Business News.

(Reporting by Jason Lange in Washington; Editing by Chizu Nomiyama)

Comments (No)

Leave a Reply