NY Fed: Tariffs Added 2.9% to Inflation in 67 US Goods Categories

Researchers at the New York Federal Reserve have reported that tariffs significantly contributed to US inflation, adding 2.9 percentage points to prices in 67 categories of goods by February 2026. This analysis highlights the direct impact of trade policies on consumer costs. Such inflation drivers could influence the Federal Reserve's monetary policy outlook, potentially affecting the US dollar's strength and international gold prices, which in turn impacts local gold and USD/PKR rates.

بحوالہ / Source: www.cnbc.com