CoinVoice has learned that, according to Jin Ten reports, Federal Reserve's Barkin stated that current low to middle-income consumers are facing financial strain, which may suppress consumer spending and thus mitigate the inflationary impact of tariffs. He pointed out that consumers will accept price increases on certain essential goods, but will also resist price hikes by downgrading their consumption or delaying purchases. Barkin expects that future inflation will be milder than anticipated, as consumers are now feeling financially constrained and must be frugal. [Original link]