A member of the Federal Reserve anticipated the moment in which price increases resulting from President Donald Trump's tariffs, saying it will likely be a few months before consumers feel the full impact of the measures.
Speaking to Axios, Richmond Fed president Tom Barkin said "for the most part, there is enough inventory that we're talking about June prices more than we're talking about April prices," as "companies typically have 30 to 60 days' worth of pre-tariff inventory to work through."
