Under a stiff tariff, boosting the economy takes priority over inflation for a central bank

Retrieved on: 2025-03-21 16:38:03

Tags for this article:

Customs duties

Economic history of the United States

Second presidency of Donald Trump

Trade wars

Economic history of the People's Republic of China

Tariff

Monetary policy

Inflation

Protectionism in the United States

United States trade war with Canada and Mexico

Louphou Coulibaly

Javier Bianchi

Click the tags to see associated articles and topics

Under a stiff tariff, boosting the economy takes priority over inflation for a central bank. View article details on hiswai:

Excerpt

They find that in response to a universal tariff imposed by its home country, a central bank should be willing to allow higher inflation—beyond the ...

Article found on: www.minneapolisfed.org

View Original Article