* Prices for many everyday products would have fallen in the absence of the US president and #39;s tariff policy, according to a New York Fed report * Across a sample of 67 product categories, consumers experienced a 2.9 percentage point increase in inflation by February, driven by tariffs imposed in 2025 and 2026.
New York Fed: Much of US inflation caused by Trump and #39;s tariffs
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* Prices for many everyday products would have fallen in the absence of the US president and #39;s tariff policy, according to a New York Fed report * Across a sample of 67 product categories, consumers experienced a 2.9 percentage point increase in inflation by February, driven by tariffs imposed in 2025 and 2026.
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