Mixed Insights on Tariffs' Impact on Inflation and Economy
TL;DR Summary
The article examines historical data on large tariff increases, particularly around 2025, showing that such shocks historically raised unemployment and lowered inflation, possibly due to increased uncertainty, and discusses implications for current monetary policy decisions.
- What Can History Tell Us About Tariff Shocks? Federal Reserve Bank of San Francisco
- Trump's trade tariffs are turning out to be a huge dud and Wall Street is pretty happy about it Fortune
- Tariffs may lower inflation, SF Fed research suggests Reuters
- Why Trump’s Tariffs Haven’t Caused the Surge in Prices That Many Predicted The Wall Street Journal
- Fed Says Tariffs Could Ease Inflation By Curbing Demand and Employment PYMNTS.com
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