Fed Data Shows Tariffs Drove Inflation in 2025
By PYMNTS
Source excerpt · PYMNTS
New research shows that the cost of many consumer goods would have declined last year if not for U.S. tariffs. The paper from the Federal Reserve Bank of New York says the cost of 67 categories of goods was 2.9 percentage points higher as of February because of the tariffs. The paper was released earlier this week by the […] The post Fed Data Shows Tariffs Drove Inflation in 2025 appeared first on…