Tariffs will likely slow growth down and raise inflation for a year: Pantheon’s Ian Shepherdson

Inflation data on the agenda today, this time at the producer level. May PPI is due in just over two hours time. For more insights on inflation in the economy ahead of the Fed's policy meeting next week, we want to bring in Ian Shepardson.He's chairman and editor and chief of Pantheon Macroeconomics. And Ian, the weaker than expected inflation numbers yesterday once again. Look, what what does this mean.that the tariffs are not going to be nearly as inflationary as people thought or there's a longer delay b ...