A New York Fed study finds inflation on many everyday items was entirely due to tariffs, the article reports.

Researchers say tariffs added nearly three percentage points to consumer goods inflation.

One headline cited in the article puts the boost from Trump tariffs at 2.9 points.

The cost increases do not appear instantly. They ripple through supply chains over time.

The study finds tariffs can keep pushing up goods prices for a full year.

Earlier studies debated how fast tariffs reach retail prices. This research says effects can last twelve months.

Companies often pass added import costs directly to consumers to protect their margins.

Economists say the timeline matters for judging economic health and monetary policy decisions.

Read the full article for more details on the NY Fed tariff study.