Hey amig@s! 👋
Ever feel your pickles and pizza costing more? You are not alone. Economist Michael Strain, director of economic policy studies at the American Enterprise Institute, just rang the alarm: tariffs are heating up U.S. inflation. 📈🔥
Strain points out that core inflation—prices for everyday goods—has been cruising above the Federal Reserve’s comfort zone. And guess what? It is about to get spicier. Tariffs on imports make goods pricier, and many of your favorite items are already seeing noticeable price hikes. From smartphones to sneakers, the impact is real.
But here is the twist: according to Strain, we have not even tasted the full effects yet. In the next few months, expect more evidence as prices keep climbing. It is like reading a thriller—every chapter gets more intense!
What can we do? Stay informed, budget smart, and watch those Fed updates. Understanding these moves helps you navigate your wallet—and maybe grab that discount code before prices go up again. 😉💸
Stay tuned for more updates and keep your wallet in check! ✌️
Reference(s):
Tariffs fueling accelerating inflation in U.S. economy, economist says
cgtn.com
