Atlanta Fed: Companies expect to pass on 50% of tariffs costs to consumers.
According to the Wisdom Financial APP, a recent survey by the Federal Reserve Bank of Atlanta shows that businesses are expected to pass on about 50% of tariff-related costs to American consumers who are still recovering from the inflation impact of the epidemic. Researchers at the Federal Reserve Bank of Atlanta pointed out in a blog post on Thursday that this result indicates that many businesses expect to take a different strategy from 2018, when they almost passed on all tariff costs to customers.
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