Reposted by @halo0801.bsky.social
US inflation is "entirely" due to Trump's tariffs. I am hard pressed to think of a worse decision by any President. The consequences were predicted, he did them anyway and here we are. www.cnbc.com/2026/10/08/i...
cnbc.com
Inflation on many everyday items was entirely due to tariffs, NY Fed says
Tariffs added 2.9 percentage points to inflation in 67 categories of goods by February 2026, researchers at the New York Federal Reserve found.