Mmastodon BusinessEconomy first seen 11 h ago, last 45 min ago, peak #4
NY Fed says Trump tariffs fully drove everyday item inflation
Original: Another # Trump # Failure "Inflation on many everyday items was entirely due to tariffs, NY Fed says" # Taco # Politics
The New York Federal Reserve has concluded that inflation on many everyday consumer items was entirely attributable to tariffs, drawing sharp criticism of President Trump's trade policy. Opponents are sharing the finding as evidence that his tariff agenda raised household costs rather than protecting American consumers, adding fuel to ongoing political debate over the economy.
Why now: A US central bank study directly blames tariffs for consumer inflation, giving Trump's critics fresh ammunition in the economic debate.
Donald TrumpNew York FedUnited States
Rank over time, top of the chart is #1. 11 snapshots from 11 h ago to 45 min ago.
Evidence
- Another # Trump # Failure "Inflation on many everyday items was entirely due to tariffs, NY Fed says" # Taco # Politics # News # USA # Democrats # MAGA # UN # EU # Canada # Economics # Trade # War # WW3 # Inflation # Incompetence # Election # Vote https://www.… · ManyRoads@mstdn.social · 5
API: https://socialmediatrends-api.osmike.com/v1/trends/1491818