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US tariff inflation continues to slow
From robinjbrooks.substack.com
Last week’s Jackson Hole speech by Chair Powell was unequivocally dovish. A lot now depends on the path of inflation and whether it validates his dismissal that tariff price hikes could spark more broad-based and persistent inflation. Last week’s August flash PMIs, which include data on how firms set output prices (what they charge customers) and input prices (what they pay suppliers) seem to support his benign inflation view. Upward pressure on output prices continues to fade. The charts above show delivery times in addition to output and input prices from the manufacturing PMIs that are released monthly by ... (full story)
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- Aug 25, 2025 10:50am Posted byFundamental Analysis241
