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Tariffs are not impacting consumer prices, yet episode artwork

May 14, 2025 17 min

Tariffs are not impacting consumer prices, yet

from Economic Insights by Nationwide Hosted by Nationwide Economics

Nationwide Senior Economist Ben Ayers and Economist Daniel Vielhaber analyze April's CPI data and share their outlook for potential tariff impacts on inflation. What did we learn from last month's data? Are we seeing any impacts from the recent changes in trade policy? And are we getting any closer to the Fed's two percent inflation objective? [NFM-22911AO]

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Tariffs are not impacting consumer prices, yet

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