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Tariff impact consumer spending??

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2025
DATE
09 - 04
Federal Reserve Latest Report: U.S. Prices Rise Across the Board Due to Tariffs?
Fed¡¯s Beige Book: U.S. prices rise in all districts due to tariffs. Input costs (insurance/utilities) up, firms pass costs to consumers. Consumer spending flat/declining, hiring cautious. NRF predicts 17.5% import drop in late 2025.
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