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Hassett says authors of New York Fed tariff study should be disciplined: ‘Worst paper I’ve ever seen’
White House economic advisor Kevin Hassett said Wednesday that the authors of a recent New York Federal Reserve paper that found U.S. companies and consumers are shouldering most of the tariff burden should be “disciplined.” In a CNBC interview, the National Economic Council director ripped the report, saying that central bank researchers ignored key aspects of how the duties worked and instead simply focused on prices. Hassett said the research also should have included the upward impact on wages and benefits that U.S. companies see by bringing more production onshore. “I mean, the paper is an ... (full story)
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- Feb 18, 2026 10:08am Posted byFundamental Analysis112,336
