The cost of 67 categories of goods was 2.9 percentage points higher as of February thanks to tariffs, according to a paper from a team of researchers at the central bank’s New York arm.
cnb.cxInflation on many everyday items was entirely due to tariffs, NY Fed saysTariffs added 2.9 percentage points to inflation in 67 categories of goods by February 2026, researchers at the New York Federal Reserve found.
11 reposts22 likes