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Yared Optimistic About US Growth, Weighs In on Tariff Study

Pierre Yared, acting chair of the White House Council of Economic Advisers, expresses cautious optimism about sustaining economic growth into 2026 and addresses recent studies claiming that over 90% of tariff costs are passed on to consumers, explaining that these pass-through regressions only measure changes in relative prices and do not identify who ultimately bears the tariff burden. He speaks on "Bloomberg The Close." (Source: Bloomberg)