Reported about 1 month ago
Economist John Leer from Morning Consult suggests that the impact of tariffs on inflation will manifest gradually rather than in a sudden spike. Businesses are expected to take up to two years to fully pass on tariff-related costs to consumers, indicating a slow and steady rise in prices. Additionally, hiring rates among small businesses have not significantly declined, although the pace of hiring has moderated, maintaining overall employment stability despite ongoing economic uncertainties.
Source: YAHOO