Market News / Story
Tariffs leave U.S. consumer prices higher even as inflation impact fades
Seeking Alpha ·
Seeking Alpha reports: New York Fed economists Mary Amiti, Sebastian Heise and David E. Weinstein estimate that every 1 percentage-point increase in average U.S. tariffs raises consumer goods prices by about 0.25% after one year, with roughly two-thirds of the increase coming directly from higher prices for imported goods. The findings, published Tuesday in the Federal Reserve Bank of New York’s Liberty Street Economics , suggest tariff-related inflation can take months to fully work…