Trump adviser says NY Fed economists should be ‘disciplined’ for publishing study on tariffs

Financial Times: A top White House official has said Federal Reserve economists should be “disciplined” for publishing a report showing US businesses and consumers were shouldering the bulk of the costs from Donald Trump’s tariffs.

Kevin Hassett, director of the National Economic Council, described the recent study from the New York Fed as “an embarrassment” and said it failed to capture the full impact of the president’s levies…