桥水：关税对美国经济的影响尚未完全显现

Core Viewpoint - Bridgewater believes that the impact of tariffs on U.S. inflation and economic growth has not fully manifested yet [1] Economic Impact - Some effects of tariffs are beginning to transmit along expected paths, but the impact on corporate investment due to tariff uncertainty remains relatively limited [1] - The U.S. economy is approaching full capacity, and fiscal policy may drag down growth in the short term [1] Fiscal Policy - Once budget measures like the "Build Back Better Act" are implemented, fiscal policy is expected to support the economy [1] Monetary Policy - The likelihood of significant adjustments in U.S. monetary policy in the near term is low, aligning with current market pricing [1]