Interpreted Prediction
Quoted the Federal Reserve Bank's view that tariffs will lead to higher business costs and potentially higher consumer prices.
AI Evaluation Notes
The prediction stated that tariffs would lead to higher business costs and potentially higher consumer prices in the short to medium term. Multiple sources confirm that 2025 tariffs have resulted in increased business costs and a pass-through to consumer prices, contributing to inflation.
Prediction Details
Target
Higher costs for businesses, Higher prices for consumers
Predicted
date
Short to medium term