Hassett slams NY Fed tariff study, urges discipline for researchers
TL;DR Summary
White House economic adviser Kevin Hassett blasted a New York Fed study finding most tariff costs are borne by U.S. firms and consumers, calling the paper “the worst” and saying those involved should be disciplined. He argued tariffs have lowered inflation and benefited consumers, while other independent analyses have reached similar conclusions about the domestic burden; the NY Fed declined to comment.
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- Trump administration slams New York Fed study that says US consumers bear the cost of tariffs Yahoo Finance
- Kevin Hassett says Fed researchers should be ‘disciplined’ over report that Americans are paying tariffs CNN
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