Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power

The Tariff Price Shock in Your Grocery Cart
With the New York Fed attributing recent inflation on everyday items entirely to tariffs, workers are facing a specific kind of wage erosion. We break down how import taxes on goods from basic household staples to electronics are effectively acting as a regressive tax on your paycheck. Using August CPI data showing core prices holding steady while headline costs spike, we examine why your average hourly earnings of thirty-seven dollars and eighty cents aren't stretching as far as they did last year. This is about the hidden markup on the shelf, not just the money coming out of your bank…
The skinny
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