Reposted by eve
• raise prices by 2.1-2.6% in the short-run, a loss in purchasing power equiv. to $3,400-4,200 per household annually in 2024$.
• shave 0.9-1pp off 2025 US real GDP growth.
• make US real GDP persistently 0.3-0.6% smaller in the long-run, equiv. to $90-180bn in 2024$.
2/4
• shave 0.9-1pp off 2025 US real GDP growth.
• make US real GDP persistently 0.3-0.6% smaller in the long-run, equiv. to $90-180bn in 2024$.
2/4
March 31, 2025 at 9:30 PM
• raise prices by 2.1-2.6% in the short-run, a loss in purchasing power equiv. to $3,400-4,200 per household annually in 2024$.
• shave 0.9-1pp off 2025 US real GDP growth.
• make US real GDP persistently 0.3-0.6% smaller in the long-run, equiv. to $90-180bn in 2024$.
2/4
• shave 0.9-1pp off 2025 US real GDP growth.
• make US real GDP persistently 0.3-0.6% smaller in the long-run, equiv. to $90-180bn in 2024$.
2/4