Miran Says Tariffs Not Causing Significant Core Inflation

Speaking to CNBC, Miran noted that core prices of imported goods remain stable, excluding food and energy costs.

Summary

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Terms & Concepts
  • Core Inflation: A measure of inflation that excludes volatile items like food and energy to better reflect underlying long-term trends.
  • Tariffs: Taxes imposed by a government on imported goods, often used to protect domestic industries or generate revenue.
  • Imported Goods: Products brought into one country from another, which can be subject to tariffs and affect domestic pricing.