Midwest Economist Warns of Potential Inflation Risks Amid Tax Cuts and Tariff Concerns

(Undated)  —  A Midwest economist says while inflation has been cooling, there could be some trouble signs in the distant future..

Creighton University Economics Professor Ernie Goss.  He says one factor could be whether the Trump tax cuts are extended next year.  He says that would result in more government spending and more upward inflation pressure.

He says the tax cut extension could raise government spending, and put more upward pressure on inflation. Goss is more than a little concerned about imposing tariffs next year.  Donald Trump has said tariffs are an effective negotiative tool in trade talks, but…