2025-09-24 13:48:54

The Fed Admits: Tariffs Are Not Inflationary

Powell: "We’re now collecting a good bit of revenue...$300 or 400 billion dollars a year pace [from tariffs].” “Who’s paying that? So far...it looks like it’s the middle group, retailers and importers, THEY’RE NOT passing along to consumers that much of the cost. The actual impacts on inflation have been quite modest so far. It’s a small amount"

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