NY Fed Has Tied Inflation to Tariffs When Crypto Prices Are Already on Report Speculation
The Federal Reserve Bank of New York (NY Fed) has published a report linking tariffs to inflation, noting that prices have risen significantly with consumers bearing the majority of the burden. The report, released a day before the January 2026 inflation data, indicates tariffs increased from 2.6% to 13% over the year, with 90% of the cost passed to U.S. consumers and businesses. Inflation, which reached 3.01% in September 2025 and rose again to 2.71% in December, remains above the 2% target, contributing to pressure on crypto markets. Meanwhile, cryptocurrency prices are declining or stagnating; BTC and ETH are both down over 1% despite positive employment data. Precious metals like gold and silver continue to dominate investor interest. The U.S. is pursuing trade deals with Taiwan and India, which may help stabilize domestic prices and potentially support crypto markets in the future.
TheNewsCrypto02/13 06:37
