Reserve Bank of Australia: US tariffs may have a chilling effect on investment and spending

ChainCatcher news, the latest report from the Reserve Bank of Australia warns that the ongoing uncertainty of U.S. trade policy "may have a chilling effect on business investment and household spending decisions, and pose significant headwinds to global economic activity and inflation outlook." The Reserve Bank of Australia stated that there is also considerable uncertainty regarding the impact of potential changes in fiscal, regulatory, and other government policies on global growth and inflation.