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Inflation on many everyday items was entirely due to tariffs, NY Fed says - CNBC

CNBCOctober 8, 2026
Inflation on many everyday items was entirely due to tariffs, NY Fed says - CNBC
Image: CNBC

President Donald Trump speaks about his new tariff plan at the White House, in Washington, April 2, 2025. The cost of many everyday items would have declined last year and early this year without Pr…

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