Chart: Lessons from 2019 Suggest That Every 1pp Increase Raises Core PCE Prices by 0.1 pp
26.11.2024 15:37 — 👍 0 🔁 0 💬 0 📌 0
GS estimates ~0.9% impact using ~1pp = 0.1% PCE inc:
"At the proposed tariff rates, generate less than $300bn (1% of GDP) in tariff revenue p.a.—without accounting for dynamic effects, such as changes to import volumes and prices or taxable incomes—and boost the US effective tariff rate by 8.6%."
26.11.2024 15:34 — 👍 1 🔁 0 💬 1 📌 0
NYC and take Metro North to New Haven from Grand Central… most predictable and more flight options from the west
06.10.2023 11:37 — 👍 1 🔁 0 💬 0 📌 0
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