'Comfortable' Fed Cut Would Only Cut Rates for Insurance: Armstrong

The video discusses the trade tensions between the US and China, focusing on the potential economic impact of escalating tariffs. It highlights the risk of recession if tariffs increase, affecting consumer prices and negating tax cuts. The Federal Reserve's perspective on economic indicators, such as the inverted yield curve, is also examined, noting that current economic growth and unemployment rates are stable, though manufacturing shows signs of slowing.

In what ways might higher tariffs affect US consumers?

What does the current unemployment rate indicate about the state of the economy?