Fmr. NEC Director Gary Cohn: We're going to start seeing price increases

Economic Performance - The actual economy continues to perform very well, contrasting with negative perceptions from polling data [1] - Inflation data is observed to be at or around the Federal Reserve's target of 2% [1] - The job market remains strong, supporting continued employment growth [2] Tariffs and Inflation - Concerns exist regarding tariffs potentially feeding through the system, causing inflation and disruption [2] - The effects of tariffs may take time to manifest in the economy due to existing inventory priced at old rates [3] - Price increases are anticipated as old inventory is depleted and new inventory is introduced [4]