What happened: Kevin Hassett, a former adviser to Donald Trump, criticised a New York Federal Reserve study examining the effects of tariffs on US businesses and consumers, calling for the economists involved to be disciplined.
Why it matters:
- The dispute highlights tensions over economic research related to trade policies.
- It may influence public and political trust in Federal Reserve economic analyses.
MNN Take: The criticism reflects ongoing debates about the impact of tariffs and the role of economic research in shaping policy discussions.
Sources: BBC US & Canada