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BumRushDaShow

(157,218 posts)

4. I consider this (the imposition of broad tariffs)

Reply to progree (Reply #2)

Thu May 15, 2025, 11:23 AM

May 15

a "shock", analogous to (but not the same as) the pandemic shock back in 2020. None of the statistical models can predict the outcome of stuff like that well.

There was a rush by a number of industries to "stock up" ahead of the tariffs so their warehouses were full. But as I've seen noted in some articles, you really won't see the "effects" until the summer. Apparently Powell is in that camp noting how "volatile" inflation is (at least with the current circumstances).

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LauraInLA

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Highlight:

US wholesale prices dropped 0.5% last month despite President Trump's tariffs [View all] BumRushDaShow May 15 OP

That haven't really taken effect yet. DUHHHHH....Let's see those numbers in August/Sept Bengus81 May 15 #1

We had quite a discussion about this in the Economy Group. And here is a little summary: progree May 15 #2

I consider this (the imposition of broad tariffs) BumRushDaShow May 15 #4

You could have fooled me. I just got back from the grocery store and they might as well charge for Vinca May 15 #3

That's because like the price of eggs BumRushDaShow May 15 #5

I just read an article about the fact that beef producers have fewer calves than usual, keeping prices high. LauraInLA May 15 #7

Am I really supposed to believe ANYTHING coming from this corrupt regime? "According to the Labor Dept" Ferrets are Cool May 15 #6

Agreed DENVERPOPS May 15 #8