Fed researchers see a ‘full pass-through’ of Trump’s tariff costs to consumers, adding almost a full percentage point to inflation
- Posted on May 11, 2026
- By Fortune
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- 1 min read
Fed researchers see a ‘full pass-through’ of Trump’s tariff costs to consumers, adding almost a full percentage point to inflation
Core inflation in March would have been nearly a full percentage point lower without tariffs, Fed study finds.
