Early data shows the disinflationary impact of tariffs

While many have concluded that tariffs will only serve to push inflation higher, early data shows the opposite effect.

While US tariff policy has left many investors and the Federal Reserve concerned about the implications for the inflation outlook, early data is showing the disinflationary impact of tariff policy.

For while durable goods prices have risen somewhat in recent months, the impact on consumer confidence and spending intentions has contributed to a major redu…