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0 0.000309640129360679 -0.000240831211725016 0.0108202022982178 0.000653684717539385 0.000584875799903527 -0.000344044588178706 0.000103213376453495
Stock impact report

As Trump berates Goldman, other economists agree that higher tariff inflation is coming [MSNBC.com]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: MSNBC.com
People shop for pet supplies at a pet retail store in New York City, Aug. 12, 2025.Spencer Platt | Getty ImagesDespite investors' embrace of Tuesday's fairly benignconsumer price index reportWith pre-tariff inventories rolling off, effective tariff rates climbing higher and companies less willing to absorb higher costs from the duties, the general feeling is that consumers are increasingly going to feel the bite through the rest of the year."Tariffs could subtract 1% from GDP and add 1-1.5% to inflation, some of which has already occurred," Michael Feroli, chief U.S. economist at JPMorgan Chase, said in a note. "There is considerable uncertainty around the degree of pass-through to consumer prices, given that this year's tariff increases are well larger than anything in the post-war US experience."President Donald Trumplambasted Goldman Sachsdefended the callIn a Truth Social post, the president suggested CEO David Solomon fire the economist who wrote the piece or consider resigning h Show less Read more
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