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Economists point out that while price increases can occur swiftly, reductions often lag behind. This phenomenon, known as price stickiness, describes how certain products, especially those with intricate supply chains …
The Sticky Reality of Prices: What Tariff Changes Mean for Consumers Read More
The centre of controversy surrounding President Donald Trump’s tariff policies is a Chicago economist, Brent Neiman, from the University of Chicago Booth School of Business. He asserts that the administration …
Chicago Economist Challenges Trump’s Tariff Mathematics Read More
In recent weeks, the economic atmosphere has been drenched in confusion with fluctuating trade tariffs affecting Canada and Mexico, federal workforce reductions, and fears of a government shutdown looming overhead. …
Amid Economic Uncertainty, Consumers Feel the Pressure Read More