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Inflation Headed DOWN From Here, Despite Tariffs | Steve Hanke
As the world awaits Federal Reserve Chairman Jerome Powell's speech at Jackson Hole, the question on everyone's mind is:Where is inflation headed from here?Is it set to surge as the Trump tariffs start being felt in full force?Or is it set to trend downwards to the Fed's 2.0% target due to a slowing economy?To discuss the latest possibilities, we have the good fortune to sit down and get a full update today from Steve Hanke, professor of applied economics at the Johns Hopkins University in Baltimore, Maryland.Steve is confident that the Quantity Theory Of Money formula projects that inflation…
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