>> rising due to tariffs isn't "inflation" in any traditional sense.
Perhaps not in an academic sense, but the vast majority of people understand inflation as a rise in the cost of living, no matter the root cause.
Yes, but the point being made above is about the reaction of the bond market vis a vis refinancing the debt, not consumers.
Yes, but the point being made above is about the reaction of the bond market vis a vis refinancing the debt, not consumers.