US consumers, business pay 90% of tariff costs, says Federal Reserve
https://arstechnica.com/tech-policy/2026/02/us-consumers-business-pay-90-of-tariff-costs-says-federal-reserve/Open linkView original on lemmy.ca213
Comments9https://arstechnica.com/tech-policy/2026/02/us-consumers-business-pay-90-of-tariff-costs-says-federal-reserve/Open linkView original on lemmy.ca
Who, uh... who could have guessed?
Maybe a certain Sherlock how hasn't defecated in a while?
They actually pay 100% of the tarrif costs but how much is passed on to the customer?
150%
I expect that by next month "The New York Fed" will stop reporting about tariffs. Just like Gallup announced they will no longer report the President's popularity after reporting Trump's popularity is at an all time low.
In other news: water is wet.
"says Federal Reserve" weird, did he forget to replace these people?
Kind of. Current chair of the Federal Reserve is out in May for Trump's replacement.
"Nobody knew!" - some U.S. President