Tariffs Will Put Fed on Hold in First Half, TD's Goldberg Says
January 8, 2025
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5:54Now PlayingTariffs Will Put Fed on Hold in First Half, TD's Goldberg Says
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as posted by the channelGennadiy Goldberg, TD Securities head of US rates strategy, says he expects President-elect Donald Trump's tariffs to add about a percentage point to inflation in 2025, which will cause the Federal Reserve to hold rates where they are in the first half. Speaking on "Bloomberg The Close," Goldberg also says he expects the 10-year Treasury to end the year lower.
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