Ryan Young, a senior economist at the Competitive Enterprise Institute, said companies’ decision to stockpile goods before tariffs took effect might have been a factor in the cooler-than-expected PPI report.
Wholesale prices fell a bit in August, signaling a Federal Reserve rate cut is more likely
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“I’m reluctant to use the ‘S’ word, socialism, but you’ve got to call a spade a spade, and it’s socialism,” said Ryan Young, senior economist with the Competitive Enterprise Institute.
Trump seeks control of some private businesses while critics cry 'socialism'
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