Inflation on many everyday items was entirely due to tariffs, NY Fed says

https://www.cnbc.com/2026/10/08/inflation-tariffs-trump-fed-consumer-goods.html?__source=androidappshare

27 comments held Reddit says 0 on reddit ↗

u/FewAd6076 1 3 days ago

And the sky is blue🤯
u/[deleted] 1 3 days ago

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u/uberares 1 3 days ago

“No it’s not!!” Some trumper probably.
u/Revelati123 1 3 days ago

Its like that "Dont look up" documentary that came out a few years back.
u/uberares 1 3 days ago

100%
u/whatproblems 1 3 days ago

by decree the sky is orange
u/neodiodorus 1 3 days ago

Anybody still using blue for sky instead of "highly accepted" orange is "considered to be THE ENEMY!"
u/neodiodorus 1 3 days ago

"Fake news!"
u/IceCreamforLunch 1 3 days ago

What? No! /s
u/unkiepfunkie 1 3 days ago

It’s only a one time adjustment /s https://thehill.com/business/economy/5234… 😩
u/Sacmo77 1 3 days ago

Fake news. The media is out to get me!
u/imjustnotready 1 3 days ago

Guys I know you get this but maybe the article is written for Republicans. The ones who can read...
u/Revelati123 1 3 days ago

Ohh, you know Jerry the reading Republican too?
u/dissentandsmolder 1 3 days ago

Who cares? We are all billionaires!
u/Thatdoodky1e 1 3 days ago

This is just for people who have problems with reading comprehension and general logic isn’t it?
u/InvestigatorOk9354 1 3 days ago

My favorite part about tariff driven inflation is that prices still won't come down when tariffs are lifted. "Why would I lower prices and not just pocket the difference?" - Big Brain Bosses
u/Strong-Hovercraft702 1 3 days ago

Inflation combined with monster profits and a soaring stock market? If you're on the right side of the wealth divide, happy days. The US might even put a dent in its national debt that way. But, alas, that sounds too much like a plan for the current bunch.
u/[deleted] 1 3 days ago

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u/[deleted] 1 3 days ago

[removed] — already gone when the archive first saw it
u/LuckyPlaze 1 3 days ago

Shocked. Shocked I say.
u/dawgblogit 1 3 days ago

Whaaaaaat?
u/[deleted] 1 3 days ago

[removed] — already gone when the archive first saw it
u/ulixes1991 1 3 days ago

B-b-b-but the other countries pay the tariff!!! /s
u/Useful-Contribution4 1 3 days ago

Which means inflation is not going anywhere even with oil/refining resolves. Its now policy driven, not just supply/demand.
u/AdministrationNo312 1 3 days ago

colored me shock....
u/DocHolliday3884 1 3 days ago

This was all easily avoidable
u/Amazing-Amount-8004 1 3 days ago

Its bidens fault right