Federal Reserve's Barkin: Not all companies can raise prices due to tariffs

According to a report by Golden Finance, Federal Reserve's Balkin stated that not all companies can raise prices to offset tariff costs, warning that after years of inflation, consumer tolerance is low. What I heard from retailers is that consumers are struggling financially, "Barkin said. This means that it's not as easy as you think to pass on prices to consumers. "Barkin still believes that the US economy is in good condition. He added that consumer spending and business investment remain stable. He pointed out that although consumer confidence indicators are clearly weak, this has not yet dragged down spending. Barkin said he is considering whether tariffs will slow down economic growth to the extent of curbing inflation. He said that this was an experience from 2008, but there were other times that did not happen.