Fmr. NEC Director Gay Cohn on tariffs' impact on inflation

I think the chair said something interesting yesterday. >> I was surprised that he said it because actually a lot of the inflation is in the services side of the economy and you know his super core which is wage induced services inflation is higher than the inflation rate. So I was surprised.>> So let's let's go back to the things we've been talking about. If companies were taking the tariffs and passing them through immediately which is historically the way economists and people would model tariffs they wo ...