Consumers attempting to purchase issues earlier than worth hikes from tariffs, economists say

Federal Reserve Chair Jerome Powell has issued a stark warning on the far-reaching inflation impression of the Trump administration’s financial insurance policies. His feedback come as new Commerce Department knowledge exhibits that retail gross sales rose greater than anticipated final month with some economists attributing that to folks attempting to get forward of tariff-driven worth will increase. CBS News CashWatch correspondent Kelly O’Grady breaks it down.

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