The Murphy Institute's Gary Hoover Featured on APM Marketplace Segment Discussing Tariffs and Inflation

Gary Hoover, Executive Director of The Murphy Institute and economics professor at Tulane University, was recently featured in American Public Media's Marketplace "I've Always Wondered" series. The segment addressed a question from a reader about whether rising unemployment could offset inflation driven by tariffs.

The Marketplace article, titled "If unemployment rises, could that offset tariff-driven inflation?", explored the economic anxieties surrounding potential steep tariffs. Experts cited in the piece noted predictions of a possible recession this year, alongside a significant drop in consumer confidence in April and J.P. Morgan's increased probability of a recession due to President Trump's aggressive trade policies, including tariffs of 10% on most imports and 145% on imported Chinese goods.

To read the full analysis and the perspectives of other experts, you can find the complete Marketplace article here.