Are Tariffs About to Drive Prices Even Higher?

July 18th, 2026· 0:43

New research from the Federal Reserve Bank of New York suggests that inflationary pressures may not be over. According to the research, nearly half of businesses that directly pay tariffs expect to raise prices further, signaling that consumers could continue to see higher costs in the months ahead. While inflation has eased from previous highs, uncertainty remains over whether price growth will continue to slow, particularly as tariffs work their way through supply chains. The outlook also depends on other factors, including energy prices and broader economic conditions, leaving economists divided over how quickly inflation will return to more typical levels. #Inflation #Tariffs #Economy #FederalReserve #Prices #Consumer #Finance #BreakingNews #Economics #News #CostOfLiving #Business #Markets #EconomicNews #Money