Federal Reserve Bank of Richmond: Why Businesses Say Tariffs Have a Delayed Effect on Inflation
August 09, 2025
August 09, 2025
RICHMOND, Virginia, Aug. 9 -- The Federal Reserve Bank of Richmond issued the following Regional Matters analysis by R. Andrew Bauer, Renee Haltom and Matthew Martin:
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Why Businesses Say Tariffs Have a Delayed Effect on Inflation
Ever since new tariffs were enacted in early 2025, a key policy question has been what is the extent to which businesses will pass tariff costs through to prices, and when? The effects of a tariff are rarely straightforward, g . . .
* * *
Why Businesses Say Tariffs Have a Delayed Effect on Inflation
Ever since new tariffs were enacted in early 2025, a key policy question has been what is the extent to which businesses will pass tariff costs through to prices, and when? The effects of a tariff are rarely straightforward, g . . .