On the recordJune 11, 2025
I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.
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nbcnews.comI would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs.
Yellen predicts tariffs will increase inflation rates this year.
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The most recent and optimistic estimate I’ve seen suggested that the average household will see on the order of $1,000 reduction in income.
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