Miran & Bullard Stand by Trump on Tariffs and Inflation

Two leading figures poised for prominent roles at the Federal Reserve (Fed) have asserted that President Donald Trump’s tariffs are not driving inflation, according to CNBC interviews. Steven Miran, currently chair of the White House Council of Economic Advisers, and James Bullard, a former president of the St. Louis Fed, both refuted the consensus among some economists who believe trade duties will lead to persistent price increases. )