Where Did the Tariff-Led Inflation Go?
The mystery of missing tariff inflation may have been solved: American businesses are absorbing the costs themselves rather than passing them on to increasingly price-sensitive consumers, according to new Federal Reserve data that reveals why consumer prices haven’t risen as dramatically as import tariffs might suggest.
The August Beige Book provides the clearest picture yet of how tariff-induced cost increases are getting trapped at the business level, explaining why inflation at the consumer level has remained more muted than many economists predicted given the scale of new trade restrictions.
Tariff…
Read the full article at BREITBART.COM
