Discussion Paper

Detecting Tariff Effects on Consumer Prices in Real Time


Abstract: Economic researchers and forecasters face the difficult task of differentiating the effects of tariffs on consumer prices from the effects of other factors—such as inflation expectations, supply chain disruptions, labor market tightness, and energy prices—which may influence prices independently. The methods available for this task in the economics literature, however, are not suitable for assessing tariffs' effects on consumer prices in real time.

https://doi.org/10.17016/2380-7172.3786

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2025-05-09

Number: 2025-05-09