The Business Times
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Ramkishen S Rajan

The Fed must balance the risk of cutting rates too soon, which could reignite inflation, against keeping them too high, which may weaken growth.
THE BOTTOM LINE

Tariff turmoil and the Fed: A stagflation minefield

Biden (right) sought to mitigate vulnerabilities in supply chains through a “friend-shoring” strategy aimed at reducing dependence on China without resorting to full-scale economic decoupling. Unlike Biden, Trump’s trade policy operates on a zero-sum premise, treating allies with the same scrutiny as competitors under a policy of “no exemptions, no exceptions”.

From coalitions to tariffs: The US economic reset and its impact on Asia

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