⚠️ ECONOMIC ALERT! Tariffs are driving up prices — and you could be footing the bill❗❗
The U.S. Federal Reserve just released its Beige Book, revealing that tariffs are raising business costs in all 12 districts, and many companies plan to pass those costs on to consumers.
Key Takeaways:
Input costs are climbing due to tariffs
Businesses are adding surcharges or shortening pricing windows
Many expect to raise prices
Some are seeing profit margins shrink due to weak demand — especially in consumer-focused sectors
Current Economic Activity:
5 districts reported slight growth
3 remained steady
4 saw mild to moderate declines
What’s Shifting:
Car and durable goods sales are rising as consumers buy ahead of price hikes
Travel is down across the board
Fewer international visitors
Home sales ticked up slightly, but inventory is still tight
Meanwhile, President Trump says the U.S. is profiting from tariffs and believes this strategy will lead to tax cuts, adding:
"We won’t be the world’s laughingstock anymore."
‼️ Heads-Up:
The next Fed interest rate decision is set for May 6–7.
Current rate: 4.25%–4.5%