Many participants remarked that reports from their business contacts or surveys indicated that firms generally were planning to either partially or fully pass on tariff-related cost increases to consumers. Several participants noted that firms not directly subject to tariffs might take the opportunity to increase their prices if other prices rise.
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Federal Reserve, the private entity with an official sounding name that has been fleecing America since it’s inception? The ones that print money at will and have refused to lower interest rates in an effort to hurt Trump (America).
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Trump is hurting the US on his own. Inflation isn’t going away anytime soon, thanks to his tariff policies, and neither are higher interest rates.
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YAWWWN
So they tell you on Op Mockingbird fake news.
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In January, this was due to cost-of-living adjustments to Social Security benefits; in February it was premium tax credits for health insurance purchased through the Health Insurance Marketplace (Obamacare). April’s income gains were once again led by government transfer payments, most notably payments related to the Social Security Fairness Act – one of the last items signed into law by the outgoing Biden administration
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