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The Fed can't cut rates as inflation is moving higher, says Moody's Mark Zandi
CNBC Televisionยท2025-07-31 18:09

Joining me now as well is Mark Xandandy, chief economist at Moody's Analytics. Mark, there there's a narrative out there that the administration is fond of saying tariffs are not inflationary, just a one-time price bump up. Uh but we've got this new data.What's the data showing about tariffs thus far. How long is it going to take before we get a more definitive answer. >> Inflation prices are rising.It's been slow coming for lots of different reasons. the front loing of imports, the fact that the tariffs ar ...