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You're welcome, world: U.S. tariffs may cool inflation for the rest of the global economy
"We doubt that US tariffs will significantly affect inflation in the rest of the world, but if anything, the effect could be mildly disinflationary."
Raccontata da
fortune.com
Timeline cronologica
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Another tariff warning sign as wholesale inflation surges unexpectedly in July
The producer price index — which measures inflation before it hits consumers — was up 0.9% last month from June and 3.3% from a year earlier, much higher than expected.
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The mighty American consumer keeps shrugging off tariffs as retail sales rise 0.5% in July
Retail sales rose 0.5% last month, maching economists' estimates.
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You're welcome, world: U.S. tariffs may cool inflation for the rest of the global economy
"We doubt that US tariffs will significantly affect inflation in the rest of the world, but if anything, the effect could be mildly disinflationary."