Utopia Talk - Politics - 2025 inflation was entirely due to tarif

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The current time is Fri Oct 09 01:25:48 UTC 2026

Utopia Talk / Politics / 2025 inflation was entirely due to tarif

Rugian
rank Fri Oct 09 00:37:22
Inflation on many everyday items was entirely due to tariffs, NY Fed says

The cost of many everyday items would have declined last year and early this year without President Donald Trump’s tariffs, according to the New York Federal Reserve.

The cost of 67 categories of goods was 2.9 percentage points higher as of February thanks to tariffs, according to a paper from a team of researchers at the central bank’s New York arm.

Without the levies, the team found that prices for the products they studied would have pulled back by almost 1%.

For each percentage point increase in the average tariff, the team said that consumer goods prices were higher by roughly a quarter of a percent a year later.

Annual price growth in the dozens of goods they tracked peaked at the start of 2026, according to the report. But consumers are still expected to pay elevated prices into 2027 as a result of the policy, it said.

Roughly two-thirds of the tariff-related price impact has directly come from the levies themselves, according to the New York Fed’s report. The remaining increase was driven by knock-on effects, such as U.S.-based companies that use imported parts and materials in their products.

https://ww...-trump-fed-consumer-goods.html

Rugian
rank Fri Oct 09 00:40:06
To be fair...why would you care about 3% inflation when you're the President of the United States and you have the power to manipulate the markets into making you billions of dollars.

It's our fault for not being billionaires with the ability to commit insider trading on a daily basis, I guess.

Rugian
rank Fri Oct 09 00:43:12
Oh, and the only reason we're seeing this study is because the NY Fed is an independent agency.

Maybe there is some value to having swamp organizations that the President can't control after all.

show deleted posts

Rugian rank	Fri Oct 09 00:37:22 Inflation on many everyday items was entirely due to tariffs, NY Fed says The cost of many everyday items would have declined last year and early this year without President Donald Trump’s tariffs, according to the New York Federal Reserve. The cost of 67 categories of goods was 2.9 percentage points higher as of February thanks to tariffs, according to a paper from a team of researchers at the central bank’s New York arm. Without the levies, the team found that prices for the products they studied would have pulled back by almost 1%. For each percentage point increase in the average tariff, the team said that consumer goods prices were higher by roughly a quarter of a percent a year later. Annual price growth in the dozens of goods they tracked peaked at the start of 2026, according to the report. But consumers are still expected to pay elevated prices into 2027 as a result of the policy, it said. Roughly two-thirds of the tariff-related price impact has directly come from the levies themselves, according to the New York Fed’s report. The remaining increase was driven by knock-on effects, such as U.S.-based companies that use imported parts and materials in their products. https://ww...-trump-fed-consumer-goods.html
Rugian rank	Fri Oct 09 00:40:06 To be fair...why would you care about 3% inflation when you're the President of the United States and you have the power to manipulate the markets into making you billions of dollars. It's our fault for not being billionaires with the ability to commit insider trading on a daily basis, I guess.
Rugian rank	Fri Oct 09 00:43:12 Oh, and the only reason we're seeing this study is because the NY Fed is an independent agency. Maybe there is some value to having swamp organizations that the President can't control after all.
	show deleted posts

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