#Tariffs #Inflation

The fear is that if consumers expect #higherprices and ultimately demand #higherwages to compensate for those #increasedcosts, that could set in motion a period of significantly higher inflation that ultimately is harder for the Fed to root out.” https://www.nytimes.com/2025/05/13/business/inflation-prices-tariffs.html?smid=nytcore-ios-share&referringSource=articleShare

CPI Report Shows Inflation Cooled in April Ahead of Likely Jump From Tariffs

Economists and policymakers are bracing for inflation to re-accelerate as companies adapt to President Trump’s trade war.

The New York Times