“Rising prices are a shock for a country that has become accustomed to stable or falling prices. ... Keiichiro Kobayashi, professor of economics at Keio University, warns that this is a dangerous path: 'An increase in spending would just stimulate inflation and increase the cost of living.'”

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“However, the chorus of concern is growing: Prices are moving higher, and economists say this is just the beginning.”

Prices are now starting to rise because of tariffs. Economists say this is just the beginning | CNN Business

“Tariffs are beginning to drive up consumer prices”

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“Price hikes could escalate in the coming months due to a combination of additional tariffs and a waning capacity for importers to swallow the cost of levies, some analysts said.”

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““You are starting to see scattered bits of the tariff inflation regime filter in,” said Eric Winograd, chief economist at asset management firm AllianceBernstein, who added that the cost of long-lasting goods rose last month, compared with a year ago, for the first time in about three years. [...] “The question is whether there is more to come, and the Fed clearly thinks there is,” along with most economists.”

The tariff-driven inflation that economists feared begins to emerge

“That has left economists and policymakers to wonder how much higher inflation may rise and when it will begin to retreat.”

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“If they reprice U.S. debt right away, prices could rise much faster than official forecasts suggest—perhaps almost immediately.”

Borrowing to pay for Social Security and Medicare will likely cause inflation