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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.
They actually pay 100% of the tarrif costs but how much is passed on to the customer?
150%
“Nobody knew!” - some U.S. President
Who, uh… who could have guessed?
Maybe a certain Sherlock how hasn’t defecated in a while?
“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.
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In other news: water is wet.
