Yared Optimistic About US Growth, Weighs In on Tariff Study
Pierre Yared, acting chair of the White House Council of Economic Advisers, expresses cautious optimism about sustaining economic growth into 2026 and addresses recent studies claiming that over 90% of tariff costs are passed on to consumers, explaining that these pass-through regressions only measure changes in relative prices and do not identify who ultimately bears the tariff burden. He speaks on "Bloomberg The Close."
More from Australia
Arika Resources begins 3,000-metre drilling at Pennyweight Point
Core Energy Minerals starts 2,650m uranium drilling in Namibia
COSOL signs $11M US transit contract
ASIC plans to loosen pre-IPO advertising rules
Auric Mining secures $17M capital placement
Talga Group battery anode reaches 8,000 test cycles