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Are Tariffs Causing U.S. Inflation Fears?
77 sats \ 1 comment \ @suraz 20 May econ
  • Consumers’ expectations for U.S. inflation in the next five years rose to 4.6% in May, the highest level since March 1991.
  • One key driver of this increase is the tariffs on major trading partners, including Canada, Mexico, and China.
  • Despite the recent trade war de-escalation between the U.S. and China, economists also see higher prices ahead.
In May 2025, consumers’ five-year U.S. inflation expectations reached their highest level in 34 years, according to the University of Michigan’s Survey of Consumers.
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0 sats \ 0 replies \ @Msd0457890 21h
If the tariffs have created some economic uncertainty both in the United States and in the markets because in the end it seems that it is not known what actions Trump will take in the economic sense, an example of this is that the average worker in the United States needs three weeks of their work to buy an ounce of gold, which means that the money they earn is no longer worth the same,which means that inflation is something that many people don't realize affects the common citizen.
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