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Trump tariffs are fueling inflation, congressional budget chief says (www.cnbc.com)

submitted 1 day ago by pelespirit@sh.itjust.works to c/politics@sh.itjust.works

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Congressional Budget Office director Phillip Swagel said Monday that President Donald Trump’s tariffs appear to have pushed inflation up higher than CBO analysts had initially expected.

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[–] homesweethomeMrL@lemmy.world 5 points 1 day ago

Former CBO director, presumably.