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Economics

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

October 8, 2026 CNBC Economy 1 min read
CNBC Economy · Center
Inflation on many everyday items was entirely due to tariffs, NY Fed says

Tariffs added 2.9 percentage points to inflation in 67 categories of goods by February 2026, researchers at the New York Federal Reserve found.

Source: CNBC Economy

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