"/>

国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

U.S. tariffs threaten to disrupt global economy, says Mexican economist

Source: Xinhua    2018-06-20 13:37:41

MEXICO CITY, June 19 (Xinhua) -- U.S. tariffs imposed on several of its main trade partners could spur inflation at home and disrupt the growth of emerging economies, Mexican economist Gabriel Casillas said on Tuesday.

"Geopolitical risks" are nowadays more easily transmitted throughout the global economy, especially where the United States, the world's biggest economy, is concerned, said Casillas, president of the National Economic Studies Committee at the Mexican Institute of Financial Executives (IMEF).

"There has always been conflict in some part of the world, but the channels of transmission through the markets and the macroeconomy were never clear," Casillas told reporters at a press conference.

Things are different now, said Casillas, noting that "the risks are related to a very particular topic and connected to the macroeconomy of the markets: the inflationary pressure in the United States."

New tariffs on imports will lead to higher prices for some goods, and if U.S. inflation rises more than expected, it could lead the Federal Reserve to step up the pace of its interest rate hikes.

Since the 1970s, every time the Fed raised the interest rates, it sparked a crisis in emerging markets, said Casillas.

Last week, the Fed raised short-term interest rates by a quarter of a percentage point in the second hike this year and the seventh since the end of 2015.

The agency foresees making a total of four hikes this year, three in 2019 and one in 2020.

Editor: Liangyu
Related News
Xinhuanet

U.S. tariffs threaten to disrupt global economy, says Mexican economist

Source: Xinhua 2018-06-20 13:37:41

MEXICO CITY, June 19 (Xinhua) -- U.S. tariffs imposed on several of its main trade partners could spur inflation at home and disrupt the growth of emerging economies, Mexican economist Gabriel Casillas said on Tuesday.

"Geopolitical risks" are nowadays more easily transmitted throughout the global economy, especially where the United States, the world's biggest economy, is concerned, said Casillas, president of the National Economic Studies Committee at the Mexican Institute of Financial Executives (IMEF).

"There has always been conflict in some part of the world, but the channels of transmission through the markets and the macroeconomy were never clear," Casillas told reporters at a press conference.

Things are different now, said Casillas, noting that "the risks are related to a very particular topic and connected to the macroeconomy of the markets: the inflationary pressure in the United States."

New tariffs on imports will lead to higher prices for some goods, and if U.S. inflation rises more than expected, it could lead the Federal Reserve to step up the pace of its interest rate hikes.

Since the 1970s, every time the Fed raised the interest rates, it sparked a crisis in emerging markets, said Casillas.

Last week, the Fed raised short-term interest rates by a quarter of a percentage point in the second hike this year and the seventh since the end of 2015.

The agency foresees making a total of four hikes this year, three in 2019 and one in 2020.

[Editor: huaxia]
010020070750000000000000011100001372676831
主站蜘蛛池模板: 务川| 玉山县| 新竹市| 石门县| 庆阳市| 阳高县| 稷山县| 阿荣旗| 仲巴县| 十堰市| 阜宁县| 区。| 宁阳县| 清涧县| 许昌市| 贵南县| 吉安市| 府谷县| 江孜县| 泽州县| 雷山县| 临汾市| 上虞市| 应城市| 剑川县| 遵义市| 三原县| 开阳县| 新郑市| 泰顺县| 遂昌县| 阿图什市| 杨浦区| 阜城县| 体育| 贡嘎县| 余姚市| 京山县| 永仁县| 辽宁省| 定州市|